COE (the 10 year licence to put a car on the road) just ticked up again- it’s demand driven which leads to an interesting dynamic where very rich people push it ever upwards and makes things increasingly unaffordable for those with less cash. Although you’d maybe expect the gap between <1.6 and >1.6 to widen even more and that’s not crazy at this stage, however >1.6 is definitely increasing by more in absolute terms.
COE (the 10 year licence to put a car on the road) just ticked up again- it’s demand driven which leads to an interesting dynamic where very rich people push it ever upwards and makes things increasingly unaffordable for those with less cash. Although you’d maybe expect the gap between <1.6 and >1.6 to widen even more and that’s not crazy at this stage, however >1.6 is definitely increasing by more in absolute terms.
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