New York City Taxi Medallions Growing Faster than S&P 500

by

Between 2004 and 2014, the value of a taxi medallion increased 336%, while S&P stock index increased 64.5%. With the impending popularity of car hire services like Über, the taxi market will have the potential for upsets for the first time in decades.

–from aei-ideas.org

Advertisements

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: