Re:Uber’s Manhattan Invasion Is Killing the Loan Market for ...
by dylanjermiah on Thursday July 16, 2015 @09:32AM
(#9897018)
I have yet to see any evidence in regards to your claims about Uber or Airbnb.
Secondly if the prior taxi system is evidence of regulation i think it's a safe assumption to make that regulations helped neither the consumer or the providers. Uber in SF is doing 3-4x what the entire taxi system was doing prior, that's evidence of demand not being met.
Artificially restricting supply is never a good idea.
Uber is only doing so well because people prefer their service to the alternatives, people aren't stupid, they can do what is best for themselves.
Secondly if the prior taxi system is evidence of regulation i think it's a safe assumption to make that regulations helped neither the consumer or the providers. Uber in SF is doing 3-4x what the entire taxi system was doing prior, that's evidence of demand not being met. Artificially restricting supply is never a good idea.
Uber is only doing so well because people prefer their service to the alternatives, people aren't stupid, they can do what is best for themselves.