4 ms·
But the taxes on parking would discourage borderline-poor from owning cars in the city, which in turn would bring down housing costs in the city, making
by kylec 16y ago
But the taxes on parking would discourage borderline-poor
from owning cars in the city, which in turn would bring
down housing costs in the city, making it possible for
your neighbors to live more cheaply and healthfully by
biking/busing to their now nearby job.
This seems a bit backwards to me. If parking costs substantially more in the city, wouldn't some of the people commuting into the city look to relocate closer to their job? Wouldn't this increase in demand result in an increase in the cost of living in the city?
- sprout 16y agoThe point isn't to reduce prices, the point is to make sure that prices accurately reflect costs. In this case, prices do not reflect the cost of parking, which lets some people get away with not paying for land in the city, even though they use land in the city. If this increases prices, that's good, because it lets people more accurately understand the cost of their habitation and transportation. Alternately, if that's bad, I think the burden of proof is on you to show why inaccurate pricing results in more wealth overall.