Wednesday, February 27, 2013

Let the market decide how many spaces to build









  1. The problem is that on-street spaces are effectively free, but scarce, so there isn't really a market for them. But people feel entitled to the ones that they can get, and will do whatever they feel is necessary to protect "their" space. I have to wonder if it might be possible to get parking reform by having a more market-based system of residential parking permits and daytime commercial parking, and getting existing residents to go along with it by buying out the rights that they think they have to "their" street parking.

  2. But there is a market for on-street spaces! Instead of paying in money, you pay in aggravation. If it's really hard to find parking spaces, fewer people have cars. And if there are draconian street sweeping rules, fewer people have cars (see York, New). Parking permit systems can be added on top of this, but currently Boston, Cambridge and Somerville charge way too little for permits ($25 for a year in Cambridge, which is $2 a month!). If parking becomes too costly based on a combination of these factors, people will vote with their feet, moving themselves or moving their cars.

  3. I think there would be needing wide range of parking spaces for the people. I appreciate this informative post. cheap airport parking