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Originally Posted by tennis1400
You really need to watch the video ... it's hard to explain otherwise . This company has experience in other southern cities so they seem to know what works and doesn't .
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I get how it works, I'm just questioning the market, assuming the pricing is as described in the article. Are there that many residents who want a bike but would prefer to rent instead of buying? It seems like even most CBD apartment buildings offer bike parking. I ask as someone who commutes via bike a few times a week - roundtrip comes close to an hour, which would put me at the limit. The biggest benefit of biking for me is being able to go point to point without worrying about parking. A lot of that would be negated unless the stations are densely concentrated in only a few neighborhoods.
Alternatively, let's say I was visiting and wanted to bike around the city for several hours on one day - that could run up a $50+ bill. So it definitely seems catered to the commuter/resident type and not tourists.
When I think of the one problem I'd like the bike share to solve, it's the hundreds of thousands of tourists who drive in or rent a car for events and add to neighborhood parking and traffic problems. If you could a substantial portion of them to take a plane/train/bus into the city and bike to Jazz Fest (for example), that alleviate a lot of the festival and airBnB associated problems.