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To: SamAdams76

I don’t think that is necessarily a good comparison. In NYC, an Uber ride typically costs MORE than a taxi ride — because it’s one of the few places where you can stand on a street corner for 30 seconds and hail a cab ride at almost any time. Uber can’t compete with that kind of convenience, so they generally serve more of a higher-end livery service market.


13 posted on 05/24/2016 6:07:04 AM PDT by Alberta's Child ("Sometimes I feel like I've been tied to the whipping post.")
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To: Alberta's Child
I don’t think that is necessarily a good comparison. In NYC, an Uber ride typically costs MORE than a taxi ride — because it’s one of the few places where you can stand on a street corner for 30 seconds and hail a cab ride at almost any time. Uber can’t compete with that kind of convenience, so they generally serve more of a higher-end livery service market.

If that's the case, why did the price of a medallion go from $1 mil to $500,000 in the span of three years?

17 posted on 05/24/2016 7:42:09 AM PDT by AlaskaErik (I served and protected my country for 31 years. Progressives spent that time trying to destroy it.)
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