San Diego taxi medallions up to $140,000
According to this article from voiceofsandiego.org, taxi medallions there have gone from $50,000 to $140,000 in the past three years. Only 995 cabs are permitted in the City, and drivers pay $400-$500 per week for a car with medallion. The article says some 650 drivers have petitioned to remove the limit on the number of cabs.
Tags: san diego, taxi medallions