3 ms·

That is because it is underpriced.

magicalhippo 3y ago
A city here in Norway had issues because rich people would just pay the $75 fine instead of following the parking regulations (ie time limits). Somehow repeat offenses did not escalate the punishment.
kgermino 3y ago
Or they have unstated standards. People will regularly complain that my city (Milwaukee) doesn’t have enough parking when they really mean parking that is some combination of free, on street and adjacent to their destination. Which… sure but there’s a $5 garage a block away with 300 empty spaces. There is an issue in some areas where most to all of the parking spaces are privately owned and not publicly offered at any price but in theory a culture of paying a fair price to store your large personal property would encourage those private holders to offer spaces up to the public and solve that issue too
- bombcar 3y ago
  Something that can solve this issue is removing the free spaces entirely. If all parking is a minimum of $5, then the garage is fine. But if there are SOME free spaces, people will circle to blocks for hours trying to find one. People are weird.
bombcar 3y ago
Housing is in short supply, too, because it is underpriced. (There's something of a way that this may be true, but people won't like it.)
- brailsafe 3y ago
  Interestingly it's easier in most markets for people to buy more of a scarce supply of houses at any price than it is for the same person to occupy parking spaces. I know you're being a bit facetious, but housing is a fundamentally more complex component of the economy, as well as being the easiest plaything of people with money; the only way housing wouldn't be so expensive is if most places never put constraints in place in terms of building, while putting serious constraints on buying. Much like trying to out-exercise a diet of cookies and fudge won't work, out-building an endless source of capital that wants to bank on renters having no choice is a losing game. We need a lack of dampers on one side, and huge dampers on the other.

A city here in Norway had issues because rich people would just pay the $75 fine instead of following the parking regulations (ie time limits). Somehow repeat offenses did not escalate the punishment.

kgermino 3y ago

Or they have unstated standards. People will regularly complain that my city (Milwaukee) doesn’t have enough parking when they really mean parking that is some combination of free, on street and adjacent to their destination. Which… sure but there’s a $5 garage a block away with 300 empty spaces. There is an issue in some areas where most to all of the parking spaces are privately owned and not publicly offered at any price but in theory a culture of paying a fair price to store your large personal property would encourage those private holders to offer spaces up to the public and solve that issue too

bombcar 3y ago
Something that can solve this issue is removing the free spaces entirely. If all parking is a minimum of $5, then the garage is fine. But if there are SOME free spaces, people will circle to blocks for hours trying to find one. People are weird.

bombcar 3y ago

Housing is in short supply, too, because it is underpriced. (There's something of a way that this may be true, but people won't like it.)

brailsafe 3y ago
Interestingly it's easier in most markets for people to buy more of a scarce supply of houses at any price than it is for the same person to occupy parking spaces. I know you're being a bit facetious, but housing is a fundamentally more complex component of the economy, as well as being the easiest plaything of people with money; the only way housing wouldn't be so expensive is if most places never put constraints in place in terms of building, while putting serious constraints on buying. Much like trying to out-exercise a diet of cookies and fudge won't work, out-building an endless source of capital that wants to bank on renters having no choice is a losing game. We need a lack of dampers on one side, and huge dampers on the other.