7 ms·
I agree that markets can't solve everything, especially within the tight networks of externalities that exist in high-density cities. But with parking, I think
by paulgb 7y ago
I agree that markets can't solve everything, especially within the tight networks of externalities that exist in high-density cities. But with parking, I think the problem is the opposite: car owners create a negative externality (use of limited city-provided parking) that ends up costing non-car-owners because cities then require buildings to build parking.
- seanmcdirmid 7y agoI agree that cities can screw this up, but the idea of leaving parking policy completely up to the free market is also unappealing. Parking mins are dumb, but parking maxes can make a lot of sense.