Once A Sure Bet, Taxi Medallions Becoming Unsellable
Until recently in America’s large cities, purchasing a cab medallion—the city-issued permit to work cabs —was about as sound of an investment as they come.
USA Today
Article source: http://www.huffingtonpost.com/2015/05/18/taxi-medallions_n_7305466.html?utm_hp_ref=los-angeles&ir=Los+Angeles