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Posted on 8/27/14 at 9:50 am to mack the knife
quote:
i got that part, but is the for-hire permit that valuable or expected to appreciate that much?
Supply and demand. If they only make 300 Bugattis a year, then vehicle will appreciate due to rarity. There is a moratorium on permits right now. Limited supply of permits = increased demand and higher prices. Or some economic principle close to that.
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