OPINION: Is Singapore becoming the land of the unaffordable car? - Mrbrown

CNNGo.com, 1 Apr 2010
Mrs Lim Hwee Hua, Second Minister for Finance and Transport, has had a busy week.
First, she had to come out to declare that the spike in certificate of entitlement (COE) premiums and car prices was not caused by changes to a formula to determine the number of replacement COEs.
To which almost every car seller and buyer said, "What is this woman smoking? She has to stop." Full Story