Currently viewing the tag: "High Cost of Free Parking"
Off-street parking requirements [imposed by a city for new developments] and cars…present a symbiotic relationship: the requirements lead to free parking, the free parking leads to more cars and more cars then lead to even higher parking requirements. When 3 spaces per 1,000 square feet [of new building] no longer satisfy the peak demand for free parking, a stronger dose of 4 spaces per 1,000 square feet can alleviate the problem, but not for long because cars increase in numbers to fill the new parking spaces. Every jab of the parking needle relieves the local symptoms, but ultimately worsens the real disease — too much land and capital devoted to parking and cars. Parking requirements are good for motorists in the short run but bad for cities in the long run.
- Donald Shoup, The High Cost of Free Parking
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