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Re:Lilium achieves first main wing transition for all-electr... by mbreese on Sunday June 12, 2022 @05:37PM (#31718523)
But if you can live in a cheaper place than Palo Alto, you’ll make back that $15K per year in lower house payments. And if you only have a comfortable commute of 15-20 min each way as opposed to an hour (or more), your standard of living will be much nicer too.
Re:Lilium achieves first main wing transition for all-electr... by theYipster on Monday June 13, 2022 @12:58AM (#31721346)
Perhaps not. A recent study (can't remember where, but industry specific) proposed that EVTOL economics--at scale--will settle at a CASM of $3. (CASM = cost per available seat mile. Note RASM, or revenue per available seat mile, will be higher or these businesses won't make a profit.) With a CASM of $3, this study showed that only 0.03% of the Bay Area will be wealthy enough to commute on these vehicles on anything resembling a regular basis.
Re:Lilium achieves first main wing transition for all-electr... by duhast on Sunday June 12, 2022 @10:04PM (#31720190)
House prices will adjust once air taxis take off (no pun intended).