3 ms·
> putting most medallions in the hands of big taxi fleets or brokers who simply rent them out. https://www.nyc.gov/site/tlc/businesses/brokers.page https://www
by BoorishBears 3y ago
> putting most medallions in the hands of big taxi fleets or brokers who simply rent them out.
https://www.nyc.gov/site/tlc/businesses/brokers.page https://www.nyc.gov/site/tlc/businesses/brokers.page
Brokers can't rent: only "leasing" (on an asset they didn't own) and financing both with regular payments, an interest rate, and forfeiture if you don't pay in time, just like a mortgage.
- deleted 3y ago[deleted]