By now, almost everyone has grasped the fact that Uber has built the better mouse trap. Customers have spoken, capital markets have spoken and (Holman Jenkins in today's WSJ notes) the winners have enough money to hire progressive David Plouffe to outmaneuver progressive Bill de Blasio in the NYC taxi wars. I did not know until I read the Jenkins piece that among de Blasio's lame claims was the one that Uber adds to NYC congestion.
My wife and I live in a walkable neighborhood and walk to the bank, the ATM, the market, the cleaners, the drug store, restaurants and more. We have no good reason for being a two-car family. But that will soon change. We plan to become a one-car-plus-Uber family.
Most of my professional activities are from my connected home office. So the formula involves internet connectivity + walkable neighborhood + Uber (or equivalent) + one car. I will even have an unused parking space from which I plan to earn a few extra dollars. Mandated parking requirements will eventually have to be re-thought. (Looking at you, Don Shoup.)
As always, the forces of change come via markets; the forces of reaction come via the usual suspects -- the ones who cannot abide change.
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A blog exploring the intersection of economic thinking and urban planning/real estate development and related big-think themes.
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