Re:Why I don't believe in Uber's Success
by tannhauser23 on Thursday January 19, 2017 @03:16PM
(#13439126)
That's a weird market where the government artificially inflates the cost of car ownership. Like you say, that's never going to happen in the U.S.
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Singapore is doing it because the alternative would be to use much more of their tiny island for car-related infrastructure. The total cost of that infrastructure would be much higher than what the sum of the COE's[1] would cost.
Are you sure Singapore is artificially inflating the cost, or that where you live isn't artificially subsidizing the cost of car ownership?
1. https://en.wikipedia.org/wiki/Certificate_of_Entitlement#His...