Wednesday, May 18, 2016

Uber Teams Up With Real Estate Developer To Replace Car Ownership

http://www.forbes.com/sites/briansolomon/2016/05/18/uber-teams-up-with-real-estate-developer-to-replace-car-ownership/#6ca26ed923bd

Uber has really been an inspiration and has changed a lot of peoples habits.  With certain cities passing laws to prevent Uber and Lyft it is a sign that they are causing a change in status quo.  I personally think they are fantastic and serving a great need in communities and they are looking to expand even more! Now they are looking to partner with developers!

About 90% of U.S. households own a car–but Uber wants to change that.

On Wednesday, Uber announced what it hopes will be the start of many local real estate partnerships designed to encourage residents to ditch their cars for ride-sharing and public transportation. This first partnership brings Parkmerced, a real estate development in San Francisco with over 3,000 rental apartments, into the fold.

The details: new residents will receive a $100 monthly transportation subsidy from Parkmerced to use on Uber and public transit ($30 must be used on Uber, the rest can be put on a Clipper Card). In return, Uber will cap the fares of any UberPool shared ride between Parkmerced and the nearby BART and MUNI stations to a maximum of $5.

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