NYC Taxi Medallions Have Plunged in Value By 90% In Less Than A Decade
While taxi drivers in New York City may have finally “ridden” out the absolute worst effects of enduring the ridesharing boom and the pandemic at the same time, the road to clearer skies still looks dim.
That’s because, as was pointed out by @JBaksht on Twitter this week, taxi medallions have still plunged 90% over the last decade.