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I was speaking more to the loss of future earnings because of the lower demand for traditional taxis. Any earnings you do get out of ownership are already calcu
by mathgeek 11y ago
I was speaking more to the loss of future earnings because of the lower demand for traditional taxis. Any earnings you do get out of ownership are already calculated into the value of the medallion, so not only are you losing the difference in value but also the earnings that it enable you to receive (but you'll no longer get even though you spent the original price expecting them).