Re:Life in the Spanish city that banned cars
by gpm on Wednesday September 19, 2018 @09:26AM
(#18023990)
Because people are frickin expensive.
I'm sure that investors will extract a nice sum of money, but it's their ability to outcompete taxis on price that will allow them to do that. Or to put it another way they don't need to extract $30,000/car/year^1 and competition means they won't be able to.
^1 what ddg tells me the average US taxi driver salary is.
Why do you think they will be cheaper? Get ready for surge pricing being the norm. If you don’t have a vehicle of your own, you’ll have no choice but to pay. That’s why investors are willing to pour untold billions into this, they expect a massive payoff.