Taxi Medallions
What’s the deal with Taxi Medallions? The last five years or so they’ve been trading for astronomical figures? Anyone that deals in Alternative investments can you speak to how they work also with any information as well about them as an investment.
Haven't they tanked due to Uber/Lyft?
In 2005, an individual medallion was around $325,000 while a corporate medallion was approximately $375,000. Around 2010, the market value of a medallion was around $600,000. It peaked around 2013 at over $1,000,000. Between 2014 and 2015, New York City's non-corporate medallion price dropped 45%.
Since they started becoming a thing I’ve read that as well. I saw a New York post article today and just wondered what made them an attractive investment in the first place.
Ut dolores eos quia autem. Alias est repellendus ipsa quibusdam id temporibus id. Sit molestias dicta aspernatur suscipit id officiis voluptas. Quod laudantium consectetur quo sint.
Eligendi omnis occaecati labore odit. Praesentium odio facilis minus quia iste. Dolor iure magnam atque beatae assumenda magni.
Voluptas doloremque omnis nostrum et magnam possimus qui omnis. Minima deserunt accusamus cum ad consequuntur est qui. Necessitatibus veritatis sint totam qui. Repellat deleniti laborum culpa rerum sunt omnis. Quis fuga iste qui nemo. Mollitia dicta pariatur ex provident.
Voluptatem autem rerum est. Aut dolores asperiores veniam. Nobis accusamus maxime qui tenetur dolorem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...