Salary.sg Forums - View Single Post - How much are you earning per annum?
View Single Post
  #5842 (permalink)  
Old 05-11-2014, 10:36 PM
Unregistered
Guest
 
Posts: n/a
Default

COE prices should be expected to rise because of inflation.
10 years ago, a cup of coffee cost so little compared to today's coffee price. Everything is more expensive today than 10 years ago - food, petrol, property, etc. Salaries have also gone up for many people. So if many things are now more expensive today than 10 years ago, it should not be surprising that COE prices can no longer be so cheap like $30k or $40k or even $60k. COE prices should go higher than the current $64k for Cat A.

COE supply should also be cut as there is still too many cars on the road causing traffic jams which results in loss of productivity. Since we have already built so many new MRT lines, more people should be taking the MRT instead of driving. So, the car population needs to be reduced to ensure that the roads are not congested and the MRT lines are fully utilized.

Reply With Quote