Re:The Uber Bubble
by hackernewds on Sunday April 17, 2022 @07:26PM
(#31065537)
The missing part of this jigsaw is that not everyone is _simultaneously_ seeking to _temporarily_ convert depreciation into cash. with enough market players, such a microsystem can sustain itself
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There could be an equilibrium where players are net positive.
But given the housing shortage, how expensive everything is, and how many people are raising children paycheck to paycheck, I just don't see how we'd be arriving at such an equilibrium in the US.
Maybe in some rich Northern European country.