Good to see incisive analysis on the HK taxi market with similar conclusions as our article (see link at end)… when will the bureaucrats start doing something proactive and sensible for a change?
Hong Kong Taxi, Speculative bubble, License, Speculators
by Jake van der Kamp
http://www.scmp.com/business/global-economy/article/2094336/opinion-heres-how-make-surly-cabbie-smile-burst-hong-kongs
Our original article on the taxi situation was posted here: http://yulun2012.blogspot.hk/2016/12/blog-post.html#comment-form
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