Quote:
Originally Posted by Ducay
They're going for high prices because of high demand (makes a ton of cash) and low supply (city issues them basically once in a blue moon), not because of the amount the city charged for them originally.
Used properly by the owner, it was basically a ticket to a six figure salary, hence they were going for hundreds of thousands at times.
|
So the plates don't expire at all? guys just auction them off when they are done with them? This might be a major part of the problem.
As a laymen with no background knowledge of the industry, I don't have a fundamental problem with them putting limits on the number of licenses. Seems no different than zoning to me. Since you can't control where the business, at least you can how many business's there are.
But why shouldn't it be like a normal business registration, you have to show up and pay $200 every year and maintain an ongoing status as a license holder. If you loss your license for any reason including no longer needing it, it should not be some commodity you can sell off.