>Second, we already know that people are willing to spend a large amount of money on personal transit that goes above and beyond the bare necessities of transit, at least in rich western nations. I see no reason why that would suddenly stop once the vehicle’s owner is no longer behind the wheel.
The success of Uber suggests that some people are choosing not to purchase private vehicles. But we don't know if this is limited to Millennials.
The success of Uber suggests that some people are choosing not to purchase private vehicles. But we don't know if this is limited to Millennials.