Near the polished Fiats and Fords parked at the Otocenter, a cluster of shops in a remote working-class district of Istanbul, traders tout an investment vehicle that has tripled in value over the past nine years: license plates for taxis. Prices have risen about 10 percent, to 1.05 million liras ($580,000), over the past 12 months.The buying and selling of taxi license plates takes place in small stores that together serve as an informal exchange.
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