[ntsplnkv2]

It's a complete failure. People don't want to pay outrageous prices, so they don't buy in. Restaurants don't want to pay fees. The companies want to make money so they have to squeeze somewhere - squeeze customers, you lose customers. Squeeze drivers, people no longer drive. Squeeze restaurants, they don't buy in.

It's just a system where everyone loses.

[psychometry]

Owners of commercial real estate in urban markets are the ones who have been winning, seeing their property values skyrocket even as they put the squeeze on their tenants.