Uber & Millennials By: Tinsae Gebriel

Article Summary “Will Millennials Just Uber Their Life?”- Neale Godfrey Millennials are using ride sharing apps and waiting to buy a car WHY? Income– they can’t afford to buy a car

Millennials’ Income Expansion Path Q ride sharing Income Expansion Path     BC2 BC3 BC4 BC1 Income Increasing Q cars owned BC1  BC2: Income increases, but millennials still only use ride sharing BC2  BC4: Millennials get “real work,” income rises. Ride sharing is an inferior good; Cars are a normal good