What are they?
I've googled some (In specific NYC) about taxi medallions but what I find is that you require them for driving a taxi in NYC but what I also found was that the cost of one of these medallions can go over hundreds of thousands of dollars and that doesn't really make sense.
Do you need to pay hundreds of thousands of $ to drive a taxi in NYC?
Could someone explain or do we possibly have any taxi drivers here?
Thanks!