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Abu Dhabi owns the parking rights in Chicago. Personally I think having a private company control parking rates/enforcement makes sense because parking costs sh
by colinmhayes 5y ago
Abu Dhabi owns the parking rights in Chicago. Personally I think having a private company control parking rates/enforcement makes sense because parking costs should be much higher than they currently are but that's not politically viable. By pawning the bad press onto some company politicians can avoid the downsides while pricing parking properly. Unfortunately Chicago is full of corrupt politicians who negotiated an unbelievably bad deal for the city, agreed that the biggest problem is that the city can never get rid of street parking or add garages.
- cozzyd 5y agoYeah, ideally the city would have kept controlling parking but charge equivalent (or higher!) rates, but then the next election that would all disappear...