Cars in Singapore match cost of average U.S. home
Pedestrians cross the street along the Orchard road shopping area in Singapore on April 10, 2012. Permits for to buy a new car in Singapore have risen to almost $67,000 this year.
In the United States, eight out of every ten people own a car. Even with insurance, registration, and gas, for most Americans, this is a manageable expense. The same cannot be said in other places around the world, including Singapore. In the Asian city-state, a car costs as much, if not more, than a house.
For today's mid-day extra, we talk to the BBC's correspondent Mariko Oi in Singapore about what's driving the costs up, who pays, and how she gets around.