4 ms·
> Hence campuses that are 85% parking lot. Yeah and that is nuts. We lose ridiculous amounts of valuable land for barely any productive use - every day Germany
by mschuster91 3y ago
> Hence campuses that are 85% parking lot.
Yeah and that is nuts. We lose ridiculous amounts of valuable land for barely any productive use - every day Germany loses 39 ha for buildings and 8 ha for transportation infrastructure [1], which means streets and parking lots.
Loss of land is an externality that doesn't get priced in anywhere.
[1] https://www.umweltbundesamt.de/themen/boden-flaeche/bodenbelastungen/bebauung-versiegelung https://www.umweltbundesamt.de/themen/boden-flaeche/bodenbel...
- InvaderFizz 3y agoLoss of land does get priced in as prices rise with a lower supply and higher demand. It just takes a while to really feel it.
- bee_rider 3y agoI mean, they have to buy the land for the parking lot, so it does get priced in. But we should also have a Land Value Tax to push people toward using it more productively.
- vel0city 3y agoThe Land Value Tax on that site would still have been incredibly low and probably still justify paving a parking lot. It is a toxic superfund site way out in the boonies. You're not going to develop some kind of dense mixed use town center in that space anytime soon.