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#161

Posted 12 June 2019 - 12:57 PM

RogerNg_185295
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PHV is defintely not cheap. Also whether is cheap or expensive depends on a person financial constraint as well.

I agree that it's a per person cost/benefit analysis and depending on situation (family and financial), then a person's ability or desire to have a car changes. 

 

I would say it's tough to generalise and say it's a sunseting industry.  It could become a luxury niche industry, like luxury jewellery, shoes, or bags, but definitely not a sunset industry.  Singapore has too many millionaires for it to become a 'sunset' industry.  Besides, there is still demand for cars and that is clearly seen by CoE.  If no demand, then all CoE's will be $1.

 

Also, I wouldn't call Grab/Uber cheap .  I have colleagues that travel from Marine Parade to Central City during rush hour and it can cost up to $30-40 one-way because of surge pricing.  I caught a grab from Robinson Quay to Chinatown and it cost $10, to go <2km.  For sake of comparison, I used to lease a B&B car and it costs about $50/day.  Grab in Malaysia is cheap.  S$5 to go 30km.
 

 



#162

Posted 12 June 2019 - 12:58 PM

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i hope for a deep recession so i can buy a FH nice semi detached house....

but that would mean my car will be of low valuation.


net net i still hope for a crash as i only hold a 110k car vs wanting to vet6a 3mil house haha!

#163

Posted 12 June 2019 - 02:30 PM

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i hope for a deep recession so i can buy a FH nice semi detached house....

but that would mean my car will be of low valuation.


net net i still hope for a crash as i only hold a 110k car vs wanting to vet6a 3mil house haha!

Man you are another one who have such mentality

 

 

When the market crashes big time and SG or global recessions sinks in, do u think you still have a job?

 

With no job, you can't even afford public transport fares ah. U need to walk over 20 km just to attend any job interviews


Jamesc, RH1667, Ct3833 and 1 Anonymous member praised this

#164

Posted 12 June 2019 - 04:47 PM

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Man you are another one who have such mentality

 

 

When the market crashes big time and SG or global recessions sinks in, do u think you still have a job?

 

With no job, you can't even afford public transport fares ah. U need to walk over 20 km just to attend any job interviews

 

ahhh...some jobs are recession proof.....


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#165

Posted 12 June 2019 - 06:14 PM

Superflyguy63
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ahhh...some jobs are recession proof.....


.....hawkers are one of them
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#166

Posted 12 June 2019 - 06:45 PM

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ahhh...some jobs are recession proof.....

 

Yeah pawn and hookers.

 

:D

 

pawn-shop-1024x683.jpg

 

ANTHONY_MITCHELL.jpg


Inlinefour praised this
Say no to harsh artificial chemicals

that pollute the earth

and go natural. [thumbsup]

#167

Posted 12 June 2019 - 08:52 PM

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Man you are another one who have such mentality


When the market crashes big time and SG or global recessions sinks in, do u think you still have a job?

With no job, you can't even afford public transport fares ah. U need to walk over 20 km just to attend any job interviews

when market crashed in 2008 i made record money.... haha please dont assume....there are jobs that run counter to general economy for ur info...

especially in interest rates markets... the more cui the stock market the better for me.....of course it goes beyond that but in general, when mkt cui i make more....

Edited by Privacy, 12 June 2019 - 08:57 PM.


#168

Posted 16 June 2019 - 08:59 AM

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So quiet.... looks like next week coe will drop further.
Daniu82, LinusLoh_1967 and 1 Anonymous member praised this

#169

Posted 16 June 2019 - 11:09 AM

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Man you are another one who have such mentality


When the market crashes big time and SG or global recessions sinks in, do u think you still have a job?

With no job, you can't even afford public transport fares ah. U need to walk over 20 km just to attend any job interviews

you are correct but there would still be cash rich people, opportunists who could afford and dare to cash in during recession.

Edited by Ct3833, 16 June 2019 - 11:10 AM.


#170

Posted 16 June 2019 - 11:38 AM

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Posted to wrong thread

Edited by Lotr, 16 June 2019 - 11:49 AM.



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