> Sohan Gill once saw his medallion as such a good investment — ”better than a house”
If something looks like it's an impossibly good investment, it may actually be.
It's a shame that US city governments let this happen by retaining the medallion monopoly system. If cities let the taxi supply adjust to demand, a taxi license would have been worth the same as any other business license.
If something looks like it's an impossibly good investment, it may actually be.
It's a shame that US city governments let this happen by retaining the medallion monopoly system. If cities let the taxi supply adjust to demand, a taxi license would have been worth the same as any other business license.