Tag Archives: loan collateral

Like Real Estate And Mortgages Before, NYC Taxi Medallion Prices Crash!

nyc taxi medallions crash

Some old adages for investing go that ‘nothing goes up in a straight-line’, that ‘you don’t want to be the last one standing when the music stops’ and that ‘bulls and bears make money but pigs get slaughtered’! Investors in real estate and mortgages learned this lesson the hard way heading into, and then following, the […]

Update: Uber Driving Medallion Taxis Underwater!

Several weeks ago an article titled, ‘Because Of Uber, Are Taxi Medallion Lenders A Shorting Opportunity?‘ examined the painful impact that Uber is having on the taxi medallion financing industry! Not to mention the pain being caused due to a loss in the ability of the drivers who lease the taxis from the owners to make a living […]