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> I don't think car parking gets a rent subsidy in Japan. They don't have the US-style zoning with required parking spots per square meter, and when you buy a c
by gwern 7y ago
> I don't think car parking gets a rent subsidy in Japan. They don't have the US-style zoning with required parking spots per square meter, and when you buy a car you have to prove you have a monthly parking spot (which can be quite expensive due to the land cost)
There must be a subsidy here, because these cars are being driven elsewhere (low mileage != no mileage), and the comparison of the car rental cost as being similar to that of the cybercafe implies there is no additional cost of parking. So the parking is free, but it's quite valuable, as demonstrated by their exploitation of it; hence, there's subsidies here somewhere.
- kalleboo 7y agoThe largest car-sharing company is run by a chain of parking lots, so you could say that the parking lot business is subsidizing the car-sharing business. Anyway, I just looked up some actual prices for central Tokyo: * Parking, 1 hour: 900 yen * Car sharing, 1 hour: 900-1,800 yen (depending on car class) * Cybercafe, 1 hour: 550 yen So sitting in a car actually costs twice as much as a cybercafe