Tag Archives: mortgage balloon payment

Because Of Uber, Are Taxi Medallion Lenders A Shorting Opportunity?

taxi medallion,shorting stock,NYC

In other words is the competition from Uber decreasing the demand for taxi medallions causing the price of the medallions to drop thereby damaging the collateral of taxi medallion lenders? In a word…yes! For those who may be unfamiliar, in cities like New York City medallions are required for a yellow taxi to operate. The […]