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if you look carefully the COE does not reduces the car popul...

if you look carefully the COE does not reduces the car population but in  fact it increased the demand of owning a car.
owning a car in Sg is expensive but it give you convenience especially if you had a family with kids.
fetching them to/from school and wife to/from office is easier than taking taxi/PHV.
with all the unreasonable surcharges by taxi/PHV, it is no more cheap alternative mean of transport for many.
high COE is here to stay.
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