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If uber/lyft are pure efficiency plays, then why do they have their own programs to finance the purchase of new cars just so people can drive for uber/lyft? By
by plankers 8y ago
If uber/lyft are pure efficiency plays, then why do they have their own programs to finance the purchase of new cars just so people can drive for uber/lyft?
By the same token, but much harder to substantiate, why are people buying property just to rent it out with airbnb?
The negative externalities are there. You just have to know where to look.
- roymurdock 8y agoneither of those examples are negative externalities the heart and core of each company is just more efficient matching with less regulation and more technology between renters and owners of capital
- plankers 8y agoPeople buying new cars is bad for the environment. Houses being bought up solely be rented out by the day drives up housing prices for people who actually want to live in those neighborhoods. Come on, dude.
- thereisnospork 8y agoBecause the regulatory environment around taxis and hotels are so onorous that doing something a reasonable person might find absurd actually improves the efficiency of car services/boarding.