I bet that:
Car ownership rate will increase tremendously over these few years(if this RM650 rebate thing continues)...
Then when this car rebate things is over, then there will be a sudden tremendous drop in car ownership in Malaysia...
But the traffic will obviously still remain the same even after this miraculous drop in car ownership lar, because the actual number cars used in the country is still the same...
We will see for ourselves first hand how ppl respond to economic incentive..and how the policies distort/influence markets..
Let the wheels roll.......
=p
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2 comments:
are u saying ppl will actually buy more cars or that "phantom car" ownership will increase?
phantom car ownership lor..
or rather..maybe ppl buy new car and so happen they just forgot to tell the authorities that they have disposed the car away?
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