- cross-posted to:
- worldnews@lemmy.ml
- cross-posted to:
- worldnews@lemmy.ml
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This is the best summary I could come up with:
Singapore has a 10-year “certificate of entitlement” (COE) system, introduced in 1990, to control the number of vehicles in the small city-state, which is home to 5.9 million people and can be driven across in less than an hour.
Including COE, registration fees and taxes, a new standard Toyota Camry Hybrid currently costs S$251,388 ($183,000) in Singapore, compared with $28,855 in the US.
In 2020, when fewer people in Singapore were driving, the price of COEs dropped to about S$30,000; a post-Covid increase in economic activity has led to more car purchases while the total number of vehicles on the road is capped at about 950,000.
The rocketing price puts cars firmly out of reach of most middle-income Singaporeans, putting a dent in what sociologist Tan Ern Ser said was the “Singapore dream” of upward social mobility – having cash, a condominium and a car.
Singaporeans have been hit by persistent inflation and a slowing economy, and some are selling the cars they bought when certificate prices were low to make a profit.
Jason Guan, 40, an insurance agent and father of two, said he bought his first car, a Toyota Rush, for S$65,000 in 2008, including the price of the COE.
The original article contains 389 words, the summary contains 202 words. Saved 48%. I’m a bot and I’m open source!
I’ve never heard a more perfect term than “Certificate of Entitlement.”
That did, Singapore has one of the most well developed mass transit systems in the world, so if there’s anywhere you can live without a car…
Singapore is known for it’s low crime rate. Corporal punishment is widely accepted. Caning is used not only to punish criminals but also as a disciplinary measure in schools, the military, and domestically. You can find rattan canes for sale in the grocery store for about 50 cents.
Yeah, but what relevance does that have about car prices?
When the CoE gets so high you opt for caning instead /shrug
If you let the car rot, you get the stick
With an area smaller than many US counties and the second highest population density of any country, that’s not exactly the big win you’re making it out to be.
Singapore is still the size of Singapore, so it’s a win for Singapore. Why wouldn’t it be? As long as Singapore is still the size it is, it literally doesn’t matter how it compares to any US county.
this is a good thing, other countries should do it too
Other countries like Singapore, sure. Countries where you’ve got to go 20-25 km just to buy basic groceries, fuck no.
I lived in Singapore without a car, there is no need to own a car. I used public transport and ride sharing without ever feeling that having a car would have improved my experience. In Hong Kong it was the same, and I lived in the Northern Territories, however in Sydney we had a car even though public transport was great, because its a big fucking country. Now in Penang, Malaysia there is no usable public transport, so a car is absolutely essential.
bad transit planning
20-25 km to buy groceries means there should be public transport available to get you there. Or it means that your villages and cities are shittily built to not have neccessities within walking distance.
Has nothing to do with shittily built, public transport for 5 people that’s available around the clock isn’t something that’s even remotely feasible, nor is it economical.
Apart from that, if you think like that, you’re part of the problem. Where do you think the groceries will come from in the future? From farmers that go about with public transport?
Did you really think this up? 😂😂😂😂😂😂😂
And in the countries where there is no such public transport, they still shouldn’t implement such a law until they get their public transport in order.
I’m disabled and live among farms with no immediate public transport… I don’t think other countries should try this. If I couldn’t afford a car, I wouldn’t be able to go anywhere.
Obviously this is only for urban areas
This is Singapore, one of the most urban and built up areas on earth. You’re comparing oranges and bricks.
Equating a city-state with the rest of the world is silly and impractical.
And you don’t have to be a car freak to know what this means for your freedom of movement if your government has this much control over the modes of transportation.
that price is too high! /s
I would have thought lemmy wont root for gaining privileges with more cash.
lemmy does root for reduced car dependence tho :)
Anti-rich resentment is a good contender though. Their brain might explode at some point, when they realise that these limitations only apply to them, who never actually made most of the pollution happen.
