You don't buy a 747 to fly across the country do you? No, you buy a ticket from Southwest or another carrier.
Kids will one day laugh at how we used to buy vehicles instead of rent them by the miles. "Auto loans?!?" The horror!
Kids will one day laugh at how we used to buy vehicles instead of rent them by the miles. "Auto loans?!?" The horror!
The future is not one-size-fits-all. Just because Uber execs and investors are blathering about how personal car ownership will go away (meaning they will own everything, how convenient) doesn't mean it actually will happen that way.
Think how much consumer excess would occur from 300 million people not having to buy a vehicle outright.
Those costs don't go away just because you're renting. In the same way property taxes don't disappear just because you aren't paying them directly in a leased apartment.
> Free street parking will gradually disappear and off-street parking is not going to get any cheaper.
This applies to maybe 10% of the population. And I feel like that's pretty generous. You probably haven't seen much of the US outside of the North East if you think that's even remotely plausible.