NYC Passengers Take Note of Surging Uber & Lyft Prices. Elevated Pricing Could Last All Summer
NYC residents and visitors are taking note of increased pricing and wait times for Uber & Lyft trips, causing some to even delete the Apps! Prices could remain elevated throughout Summer
NYC Passengers are taking note of the surging Uber/Lyft prices and longer wait times. Some analysts expect prices, in NYC and nationally, to remain elevated throughout the summer as passenger demand, surging as the City/America enters a post pandemic period, outstrips driver supply. As we’ve written about before if you are a TLC license holder thinking about returning to the industry now may be as good a time as any to (1) earn more money and (2) ensure access to the Apps before driver supply and passenger demand reaches equilibrium.
CBS New York, video above, reports on the story.
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