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A permit to own a car
A permit to own a car
In most countries in the world you can buy a car if you have money. In Singapore you first need a permit to own one. Admitted: usually a permit – a Certificate of Entitlement or CoE – is bought together with the car but still the principle remains the same. Essentially the demand for cars is made to match the supply of roads (which is inflexible by nature) .
Not a bad idea. Or is it?
What say you? We welcome your ideas, links and feedback.
The Neighbour
In most countries in the world you can buy a car if you have money. In Singapore you first need a permit to own one. Admitted: usually a permit – a Certificate of Entitlement or CoE – is bought together with the car but still the principle remains the same. Essentially the demand for cars is made to match the supply of roads (which is inflexible by nature) .
Not a bad idea. Or is it?
What say you? We welcome your ideas, links and feedback.
The Neighbour
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