Income of an uber driver

#1

Post by prostoalex » Sat, Jul 18, 2015, 4:11 PM UTC

Re: Income of an uber driver

#2

Post by xname » Sat, Jul 18, 2015, 5:05 PM UTC

This is easy. If Uber driver does not make money, there will be less Uber drivers, so the fee will come up. There's nothing need to be complainted about.

Re: Income of an uber driver

#3

Post by hkmix » Sat, Jul 18, 2015, 5:34 PM UTC

The costs include TWO new cars and a ton of other miscellaneous fees. I'm sure that the point being made is valid to some extent, but the calculations are way out of proportion.

Re: Income of an uber driver

#4

Post by Axsuul » Sat, Jul 18, 2015, 5:39 PM UTC

hkmix wrote: post #3

The costs include TWO new cars and a ton of other miscellaneous fees. I'm sure that the point being made is valid to some extent, but the calculations are way out of proportion.

The OP also fails to take into account the utility of having a vehicle. It's not like you will not be using your car for personal errands.

Re: Income of an uber driver

#5

Post by chasing » Sat, Jul 18, 2015, 5:40 PM UTC

xname wrote: post #2

This is easy. If Uber driver does not make money, there will be less Uber drivers, so the fee will come up. There's nothing need to be complainted about.

Uber has been running TV ads in New York City that specifically say:

"Mayor de Blasio's plan to stop Uber will cost 10,000 jobs..."

So it's fair to have some more detailed discussion about what these purported jobs are.

Also, we live in a country that protects workers. We try to make sure they're safe. We try to make sure they're fairly compensated. Not everyone has the same degree of life and career flexibility of the average young techie. So even though this particular guy can probably go find another gig, "if the pay's so crappy they can just go get other jobs" isn't a universal solution.

Re: Income of an uber driver

#6

Post by troymc » Sat, Jul 18, 2015, 5:40 PM UTC

xname wrote: post #2

This is easy. If Uber driver does not make money, there will be less Uber drivers, so the fee will come up. There's nothing need to be complainted about.

Another possibility is that there's a steady outflow of drivers, but it's matched by a steady inflow of new drivers. The fees stay the same.

Re: Income of an uber driver

#7

Post by theseatoms » Sat, Jul 18, 2015, 5:45 PM UTC

Axsuul wrote: post #4

hkmix wrote: post #3

The costs include TWO new cars and a ton of other miscellaneous fees. I'm sure that the point being made is valid to some extent, but the calculations are way out of proportion.

The OP also fails to take into account the utility of having a vehicle. It's not like you will not be using your car for personal errands.

The cost needs to be decomposed into two pieces: consumption and investment. These two are very often conflated when discussing home ownership.

Re: Income of an uber driver

#8

Post by TylerE » Sat, Jul 18, 2015, 5:50 PM UTC

xname wrote: post #2

This is easy. If Uber driver does not make money, there will be less Uber drivers, so the fee will come up. There's nothing need to be complainted about.

I've seen this line a lot, and I've never bought it. The only in result I forsee is misery, as more-and-more desperate people work for less and less of a cut.

Compare with H1b visa holders working for well under market rate.

Re: Income of an uber driver

#9

Post by prostoalex » Sat, Jul 18, 2015, 5:54 PM UTC

xname wrote: post #2

This is easy. If Uber driver does not make money, there will be less Uber drivers, so the fee will come up. There's nothing need to be complainted about.

Except the demand on the buyer side tends to be pretty elastic, and will go down with prices going up.

Re: Income of an uber driver

#10

Post by Litruv » Sat, Jul 18, 2015, 5:56 PM UTC

So, fuel efficient cars would be good also yeah?