Davidson News

Davidson News

San Francisco Taxi Drivers Seek Relief Amidst Medallion Debt Crisis

San Francisco Taxi Drivers Seek Relief Amidst Medallion Debt Crisis

San Francisco’s taxi industry faces a mounting crisis as drivers grapple with the financial fallout from plummeting medallion values. Once considered lucrative investments, these medallions have become nearly worthless, leaving drivers burdened with crippling debt and uncertain futures. The roots of this crisis trace back to the early 2000s when San Francisco experienced a surge … Read more