RIDEGURU
Six NYC cabbies have killed themselves recently: https://www.nytimes.com/2018/10/02/nyregion/suicides-taxi-drivers-nyc.html?action=click&module=Top%20Stories&pgtype=Homepage
"Suicides Get Taxi Drivers Talking: ‘I’m Going to Be One of Them’"
Posted 6 years, 2 months ago
Posted In
Angry Drivers
Passengers from hell? Complaints or suggestions for Uber and Lyft? Glaring problem with the industry? Do you have stories of your horrible experiences with rideshare services? Leave your comments here and share your stories.
Posted By
Dmitry Samarov (Samarov)
1448
Rider
Ride Scholar from Chicago, Illinois
Retired Cabdriver, Chicago
I write dog portraits and paint book reviews in Chicago, Illinois. You can see more of my work than anyone would ever want to at http://dmitrysamarov.com.
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Comments
Wow, this is so depressing.
"Mr. Singh, who is 62, owes about $6,200 a month on the taxi medallion he bought in 2000. "
Over 6k a month! That is 3 times my mortgage.
The deflation of medallions is a real issue right now. I mean this is the same as the stock market crashing and all the wall street big wigs commiting suicide. These cabbies invested their life worth into these medallions. It was a retirement plan and now they are worthless.
This really is sad as these cabbies must feel so hopeless. The govt really failed them here. I hope some of these bills pass to help them out. It is only right.