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I live in a city. I own a car. I pay 25 EUR/month for a personal parking space reserved just for me, just outside my home. If the value of real estate in the ar
by jabl 5y ago
I live in a city. I own a car. I pay 25 EUR/month for a personal parking space reserved just for me, just outside my home. If the value of real estate in the area would be included in the price for parking, the price would be somewhere around 250 EUR/month, 10 times more. Though the comparison isn't entirely fair, if parking would pay for it's usage of land, I'd guess we would have no on-street parking, narrower streets and instead parking would be in multi-story parking garages.
So although I'm one of those who benefit from the cheap parking, I do think it's stupid, and in the end it just causes sprawl making us all worse off.