Comment on Uber Strikes Deal To Lower The Cost Of Car Ownership For DriversparentComments−mixedbit12yI think we've already seen something like this in practice. One missing piece: let's make money by betting that these drivers won't be able to pay the loans.−S4M12yThe difference between this and a mortgage for a house is that the value of the collateral will decrease over time, even in the best case.−loceng12yIf there becomes excess supply of drivers and vehicles, not improbable.
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I think we've already seen something like this in practice. One missing piece: let's make money by betting that these drivers won't be able to pay the loans.
The difference between this and a mortgage for a house is that the value of the collateral will decrease over time, even in the best case.
If there becomes excess supply of drivers and vehicles, not improbable.