13 August 2010

San Francisco: A Free Market in Parking Begins

Human Transit: san francisco: a free market in parking begins:
American parodies of San Francisco as leftist and socialist may soon need some revision. San Francisco will soon have the most libertarian, free-market parking policy in the nation. And it should become easier to find parking.

Conventional American policy says that parking should be made available at subsidized discounts, or even for free. The fact is, 12 square meters of real estate in a dense city has a land value, and that means it has a fair rental value. What's the value? Easy. Ask the market.
via Reason Morning Links

Series tie-in: Not addressed at all in either series. However, this is how I envision future parking in general. Now that the idea is in my head it will probably find its way into a book.

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