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I must say I am not surprised that it works but that it works at such a cheap rate. Looking at parking costs that seems to be less than two hours of parking. My
by V__ 2y ago
I must say I am not surprised that it works but that it works at such a cheap rate. Looking at parking costs that seems to be less than two hours of parking. My instinct would have been that there would be no effect below say ~30$.
- ceejayoz 2y agoI'm not surprised; I've seen people devote hours to saving a few bucks.
- jakelazaroff 2y agoCan't find the article now, but before the cameras turned on in NYC I saw a prediction based on congestion pricing elsewhere that: 1. Even the reduced $9 toll would have a larger-than-anticipated impact 2. Increasing the toll to $15 would have a smaller-than-anticipated impact i.e. the presence or absence of a toll matters more than the dollar amount (obviously to a limit) We'll see about #2 when it increases to $12 in 2028 but #1 seems spot on!
- giaour 2y agoI have personally watched very rich people spend 30 mins circling and looking for a meter spot in Manhattan, which saved them ~$15 at a cost of ~$50 worth of their time. (I was also in the car having my time wasted, so the true cost was higher.) People are not good at making rational decisions when hit with nominal fees.
- wffurr 2y agoParking meters in the USA are criminally underpriced.
- scoofy 2y agoIn SF we have parking meters that adjust to meet demand. I paid $5 for an hour once, and was happy to pay that to get a spot right where I needed to be.
- epistasis 2y agoAnd thats how you know it's priced correctly: you find the spot right where you want to be. (RIP Donald Shoup, you sweet king)
- scoofy 2y agoWhat's crazy is that I doubt the people who live in the area understand why it's so expensive there. It's right next to a pet hospital. Let me tell you, if you're taking you injured pet in and out of a vet clinic, you're going to be willing to pay a lot (as if $5 is "a lot," lol) so the injured pup doesn't have to move very far. That's exactly the reason why pricing should drive services. The underlying reasoning is so complex, that most of the time you'd never actually be able to understand why things are going for the rates they are.
- epistasis 2y agoOh no no, our planning process knows that people that live in a place know everything about it and have 100% perfect insight in how to best use the place. There's no need for things like "markets" where opinions can be expressed outside of the highly anti-democratic political process of giving voice only to those who show up to "public" meetings and spend hours waiting to scream at commissioners.
- spooky_action 2y agoHow rich are they if their time is worth $100/hour?
- mandevil 2y agoFrom my understanding of Southern California's HOT lane experience, people become desensitized to the price over time, so you need to raise it regularly or the congestion benefits go away and it just becomes a regular road plus an extra toll.
- toast0 2y agoAt least in Southern California, population continues to grow, and generally demand for trips grows with population, so congestion is going to tend to increase over time. There's other factors in demand for trips, like congestion went way down during the peak of covid, and typically drops during a recession, and return to the office increases congestion, etc. But mostly it's more people; hold population steady and congestion will be more stable.
- rcpt 2y agoThose lanes are super cheap though.
- rcpt 2y agoIt's the salience, not the amount.