Free Parking Costs
The cluster discusses the hidden economic costs and subsidies of 'free' parking, its negative impacts on urban density, walkability, and development, and advocates for market-priced parking and eliminating minimum parking requirements.
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do you have free parking? cities are making money out of parking spots. a lot of money. so much than one would say they have an incentive to reduce parking space to increase price and reduce expenses
Be good if the cost of car parking was accounted for. Want to have cars? You've got to have large parking lots cluttering your space with low appeal, or your buildings cost far more to build / lower density etc
The parking isn't free. It's subsidized and comes at the expense of density, walkability, and the opportunity cost of what else could've been built.
good short video summary: https://www.vox.com/videos/2017/7/19/15993936/high-cost-of-f...
Only if there is no minimum parking requirement (which there usually is). Otherwise they provided the parking space because the government compelled them to, which is a subsidy on your parking space.
For reference: https://en.wikipedia.org/wiki/The_High_Cost_of_Free_Parking
Street parking doesn't need to be free.
In many places in the US "free" parking is actually quite expensive. Even in the US land is expensive in some places.http://www.nytimes.com/2010/08/15/business/economy/15view.ht...
Very few people actually need a car. The status quo in most cities is that car use is extremely subsidized through free parking. Remove the subsidy and allow people to pay the cost for their choices.
Probably similar to paying for parking parking spots in the first place.