1. Uber & Millennials
By: Tinsae Gebriel

2. 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

3. 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