this post was submitted on 20 Jan 2024
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Try living in Singapore, where it now costs SGD146,000 (USD106,000) just to have the right to own a car for ten years (a Certificate of Entitlement).
To be clear, that fee doesn’t actually buy you a car, it’s simply the cost of being allowed to own a car. For ten whole years, then you need to buy another one.
“A new standard Toyota Camry Hybrid costs around S$250,000 [~USD186,500] in Singapore, which includes the cost of a COE and taxes. That is about six times more expensive than in the US.”
It’s certainly one way to encourage the public to use mass transit (which is pretty good, luckily!).
Source: https://www.bbc.com/news/business-67014420
Singapores population density is 232 times higher than in USA
I wouldn't use the whole USA, should compare with metro areas
https://versus.com/en/new-york-vs-singapore/population-density