Comment 117190

By kevlahan (registered) | Posted March 23, 2016 at 12:41:35 in reply to Comment 117183

I meant the monthly rates at hospitals and municipal lots are cheaper than private lots (50% cheaper in the case of the municipal lots).

My article is about trying to achieve a better balance by reducing the price incentives (and subsidies, direct and hidden) that favour driving and its negative externalities.

We are very far from parking rates being set by market forces at a price such that demand matches supply and cover the full costs, especially when you consider the opportunity costs of keeping vast areas of land downtown as surface parking instead of tax generating economically dynamic developments.

Comment edited by kevlahan on 2016-03-23 12:44:10

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