Legal Monopolies Pedicab Permits Taxi Medallions

Could a Pedicab Permit Eventually Be Worth More Than a Taxi Medallion?

  New Your City taxi medallions appreciated for years and traded for over $1 million at their peak.  Other cities’ medallions weren’t worth nearly as much, but still were a great store of value and a great income generator for companies that owned them and leased them out to drivers, financed them, or sold them to other […]

Taxi Medallions

Are Taxi Medallions Doomed?

  A quick overview…..many cities limit the number of taxis that are allowed to pick up customers and earn fares.  They do this by issuing a limited number of taxi medallions.  The medallions, typically mounted to the hood of your cab, give you permission to operate your cab business.  You own the medallion and can […]