[synicalx]

> Quitting doesn't mean losing your house. You are being silly.

Excuse me? I spent the first 4 years of my working life doing debt negotiation with banks and other creditors on behalf of people on the verge of bankruptcy. It was my responsibility to negotiated and broker payment arrangements, debt consolidation, and financial plans for probably thousands of people over those years so I've got a pretty bloody good idea of what I'm talking about here.

Suddenly losing all of your income can 100% result in losing your house. To assume otherwise just shows how little you know outside of your own little white collar bubble.

[cjensen]

If you work for Uber and can't find a new job in this market, you either aren't trying or aren't qualified.

We aren't talking about hypothetical people on the verge of bankruptcy here who we have constructed from first principles. We're talking about people who have somehow managed to buy a house within commute range of Uber SF. If quitting means losing the house, they've done something very very wrong.

[synicalx]

So you think;

1. Everyone at Uber is amazingly qualified and sought after (but you won't hire them of course) 2. Everyone at Uber works in San Fran (my local Uber office must be a scam then!) 3. No one at Uber has any financial issues (company sponsored financial advice maybe?)

Tell me, if an Uber driver spends $97k on a car, and then goes bankrupt, is that his fault or Uber's?

[bendoernberg]

Well, Uber has been encouraging drivers to take out essentially subprime leases on cars through Uber, systematically misleading them about their earning potential (for which they settled with the FTC), and repeatedly changing the payment and incentive structure for drivers. Uber could offer a clear, consistent value proposition and advise drivers on how to make good financial decisions, such as taking the depreciation of their vehicles into account. As far as I'm aware they are taking no steps to look out for the best interests of their drivers. I see comparatively little public benefit in putting a random driver's poor economic decision under the microscope, as opposed to tackling the systemic exploitative behavior of a company that seeks to be the logistics and transportation backbone of the entire world.