{"id":11320,"date":"2014-08-11T09:00:03","date_gmt":"2014-08-11T13:00:03","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=11320"},"modified":"2014-08-11T07:37:48","modified_gmt":"2014-08-11T11:37:48","slug":"the-economics-of-jet-packs","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2014\/the-economics-of-jet-packs\/","title":{"rendered":"The Economics Of Jet Packs"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/08\/081114_1135_TheEconomic1.jpg\" alt=\"\" width=\"643\" height=\"360\" \/><\/p>\n<p>Jet packs based on water propulsion are the next big tourist industry pull writes Jennifer Medina:<\/p>\n<ul>\n<li>On coastal towns people can enjoy 15 minutes of airtime for about $200.<\/li>\n<li>The activity is so popular that waiting lists can be up to a month long.<\/li>\n<li>Canny operators give tourists Facebook ready photos and high definition videos of the experience, professionally edited to fit their favourite song.<\/li>\n<li>At least one couple has gotten married while they were in the air.<\/li>\n<li>Supply is limited in part due to the cost of the jetpacks themselves \u2013 they used to cost $100,000 each. Nowadays though it&#8217;s possible to purchase one for as little as $10,000.<\/li>\n<li>Another factor constricting supply is officials cracking down on the practice due to complaints about noise and scared residents mistaking users of them for the beginnings of an alien invasion.<\/li>\n<\/ul>\n<p>Read more about the business, what those who have tried it have to say about it, and more over <a href=\"http:\/\/www.nytimes.com\/2014\/08\/09\/us\/09jetpack.html\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.nytimes.com\/2014\/08\/09\/us\/09jetpack.html\">The New York Times<\/a><\/p>\n<p>Via: <a href=\"http:\/\/marginalrevolution.com\/marginalrevolution\/2014\/08\/thwarted-jetpack-markets-in-everything.html\">Marginal Revolution<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jet packs based on water propulsion are the next big tourist industry pull writes Jennifer Medina: On coastal towns people can enjoy 15 minutes of airtime for about $200. The activity is so popular that waiting lists can be up to a month long. Canny operators give tourists Facebook ready photos and high definition videos [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/08\/081114_1135_TheEconomic1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/11320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=11320"}],"version-history":[{"count":3,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/11320\/revisions"}],"predecessor-version":[{"id":11323,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/11320\/revisions\/11323"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/11319"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=11320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=11320"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=11320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}