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Lyft Co-Founder: ‘Most Millennials Won’t Own a Car in Five Years’…And Data Supports This!
Electronic Urban Report's This N That ^ | July 8, 2015

Posted on 07/12/2015 12:09:17 AM PDT by 2ndDivisionVet

click here to read article


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1 posted on 07/12/2015 12:09:18 AM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

I absolutely LOVE Uber in Los Angeles.

But even a Millenial needs a car in LA. You must have a car in LA.


2 posted on 07/12/2015 12:12:35 AM PDT by BunnySlippers (I Love Bull Markets!!!)
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To: BunnySlippers

Dallas/Ft Worth is the same.


3 posted on 07/12/2015 12:14:05 AM PDT by 2ndDivisionVet (You can help: https://donate.tedcruz.org/c/FBTX0095/)
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To: 2ndDivisionVet

Uber is super efficient here.

They are very affordable, reliable, on time and fast.


4 posted on 07/12/2015 12:15:17 AM PDT by BunnySlippers (I Love Bull Markets!!!)
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To: 2ndDivisionVet

Witness the paperless office has finally arrived. ...as if


5 posted on 07/12/2015 12:18:03 AM PDT by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: 2ndDivisionVet

Hubby is driving for Uber and it is saving our lives. It is really saving our lives, to me it is pretty much a miracle.


6 posted on 07/12/2015 12:20:14 AM PDT by jocon307
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To: Vendome

I seem to remember them spouting that “paperless office” bull**** as far back as the 1970’s.


7 posted on 07/12/2015 12:20:45 AM PDT by 2ndDivisionVet (You can help: https://donate.tedcruz.org/c/FBTX0095/)
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To: jocon307

How does the insurance coverage for the car work, though? That’s what mystified me. There’s even a professional (Miami Dolphins) player driving for Uber.

http://www.freerepublic.com/focus/f-chat/3299068/posts


8 posted on 07/12/2015 12:24:02 AM PDT by 2ndDivisionVet (You can help: https://donate.tedcruz.org/c/FBTX0095/)
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To: 2ndDivisionVet

I can’t picture Uber letting me load 8 sheets of plywood and a bunch of 2 x 4s onto the vehicle...


9 posted on 07/12/2015 12:26:15 AM PDT by piasa (Attitude adjustments offered here free of charge)
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To: 2ndDivisionVet

Right now we are just winging it, but if all goes OK I am going to look into getting “umbrella” coverage.

I really have to look into our insurance, last year I paid $500 for $250K coverage for my bookkeeping sidework.

Over 4th of July I talked to my sis-in-law who’s an RN. She pays only $100 for A MILLION DOLLARS of coverage.

We all decided I was getting robbed as the chances of me actually killing or maiming a person via bad bookkeeping were pretty much nil.


10 posted on 07/12/2015 12:27:46 AM PDT by jocon307
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To: 2ndDivisionVet
"The car used to be the symbol of American freedom. Now it’s like …owning a $9,000 ball and chain, because you have $9,000 in expenses on your car every year.”

Wonder how it got that way? Isn't that what the eco-fascists wanted?
11 posted on 07/12/2015 12:31:06 AM PDT by clearcarbon
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To: BunnySlippers

You made me think of an old Missing Persons song:

https://www.youtube.com/watch?v=R_UpLtGEWoY

You won’t see a cop walking on the beat
You only see them driving cars out in the street
You won’t see kids walking home from school
Their mothers pick them up in a car pool
Walking in L.A.- Walking in L.A.
Nobody walks in L.A.


12 posted on 07/12/2015 12:32:30 AM PDT by DemforBush (Ex-Democrat, and NotforJeb. Just so we're clear.)
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To: 2ndDivisionVet

...and about a decade ago, the segway people were saying it would revolutionize civilization and lead to car-less cities.

if the millenials won’t have cars in 5 years, it’ll be because hillary/JEB/boehner/mcconnell have continued obama’s/reid’s/pelosi’s/boehner’s/mcconnell’s 8 years of failed policies and they’ll all be working minimum wage jobs for barely 30 hours a week.

there are people all over this country who live 25, 40, or 50+ miles from their jobs (one way) and no ride-sharing app is going make it any easier for them to get to and from work.


13 posted on 07/12/2015 12:32:34 AM PDT by TangibleDisgust ("To learn who rules over you, simply find out who you are not allowed to criticize." - Voltaire)
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To: 2ndDivisionVet

In cities, use public transportation or a ride-sharing service like Uber. Why spend $10,000 a year on a vehicle? Get a vehicle as a frivolous convenience if you earn more than, say, $150,000 a year. Will consumers prefer the utility of vehicle ownership as substitution for other goods or savings at that point on their indifference curve? In other words, would it be a rational tradeoff at that income level? If so, the car market will implode. Perhaps consumers are stuck in a habit that will quickly dissolve.


14 posted on 07/12/2015 12:34:48 AM PDT by Praxeologue ( ')
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To: jocon307

Medical liability vs. E&O liability - apples and oranges but you have a point about the cost of coverage and the potential losses being covered. Shopping rates on all kinds of insurance coverage is just being a good consumer.


15 posted on 07/12/2015 12:36:19 AM PDT by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: Praxeologue

those city folks without cars are gonna be soooooooo screwed when the zombie apocalypse hits.

;)


16 posted on 07/12/2015 12:38:23 AM PDT by TangibleDisgust ("To learn who rules over you, simply find out who you are not allowed to criticize." - Voltaire)
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To: 2ndDivisionVet

If they don’t have cars how will lyft- and uuber- stay in business? It depends on their drivers having cars?


17 posted on 07/12/2015 12:38:37 AM PDT by nickcarraway
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To: Vendome

Have you seen my hovercar?


18 posted on 07/12/2015 12:39:33 AM PDT by nickcarraway
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To: jocon307

Papercuts!


19 posted on 07/12/2015 12:40:48 AM PDT by nickcarraway
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To: 2ndDivisionVet

$9000. In expenses, every year, what kind of car is that. Or are they figuring in fuel?


20 posted on 07/12/2015 12:41:19 AM PDT by exnavy (Gun control is two hands, one shot, one kill.)
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