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Boston Taxis- Why So Costly?.
it has observed countless important events
and partly in the journey of a man from Jordan who came to Boston and silently established a Boston taxi empire.
In several ways
To Boston taxi drivers — many immigrants who average seventy-two hours a week taking someone else’s taxi to earn maybe $550 — the medallions are like magic, secrets to higher quality lives for themselves and their their families. Consequently, the medallions that were $50 in 1935 now sell for a good deal more, leading them to be the second priciest in the country after New York City’s. While the price keeps rising, the cabbies keep driving and driving and seeking to keep up.
Plus the poor financial crisis along with the rising gas prices. It is no wonder that Boston taxis are overpriced.