>Not saying 'good' or 'bad', just, you can't blame the city for the price of the medallion; it already had a high one due to the demand outstripping the supply.

>Not saying 'good' or 'bad', just, you can't blame the city for the price of the medallion; it already had a high one due to the demand outstripping the supply. Makes sense that the government would seek to profit when it supplies them, given that. I can certainly blame the city for letting the demand exceed the supply. Irrespective of 22 Uber et all was a well deserved comeuppance for the taxi industry.