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Chicago finally did that couple years back, parking meters in the loop are making minimum wage. It's still crazy to me that I can park a block away from the wo
by pxmpxm 4y ago
Chicago finally did that couple years back, parking meters in the loop are making minimum wage.
It's still crazy to me that I can park a block away from the world trade center for $0 (there's usually open spots around the federal reserve on the weekend), when the real estate there goes for $1500+ per sq ft
- Spooky23 4y agoIf I have business in lower Manhattan on a Sunday afternoon, why is it more efficient to have me spend 10x the money and 5x the time to use public transportation than to just drive? Why spend the money on rule enforcement? You’d probably expend more money having cops pointlessly drive around writing tickets for meter.
- pxmpxm 4y agoSo this actually ends up being net benefit for the businesses in the area - having paid meters means there's actual turnover in the cars parked. Before the meter change in Chicago, it would be next to impossible to find a parking spot in the loop - people were essentially using street parking as free week-at-a-time car storage. At $8/hr or whatever they run now, you can actually find open spots when you need them.