The thing that sinks most of these flying car or flying taxi initiatives is the noise problem. Because airplane engines are so darn loud, all flying cars are forced to operate away from built up areas whether or not they're capable of vertical takeoffs and landings. Which makes them inherently redundant, as you're already having to drive out of the city to get to your flying car - at which point you could just drive slightly further to an airport and get on a conventional plane that boats vastly higher cruising speeds and fuel efficiencies.
If not for the fact that airplanes are noisier than a fox stuck in a trashcan rolling down hill, we'd already have flying taxis of a variety of different forms that take off and land on top of sky scrapers. The youtuber mustard did a recent video exploring one such concept:
https://www.youtube.com/watch?v=dkJOm1V77Xg
Using ducted fans and an electric motor both reduce noise, so time will tell if we've finally achieved a "city acceptable noise level" out of one of these designs at long last.