See Shoup, The High Cost of Free Parking: http://www.amazon.com/High-Cost-Parking-Updated-Edition/dp/1... .
Parking is already very expensive in many urban areas and it's implicitly subsidized by zoning requirements. The true cost of parking is even higher.
Places built explicitly around parking (like Atlanta or Phoenix) end up paying high time costs in the form of driving.
There is no free lunch (or in this case, parking spot).
See Shoup, The High Cost of Free Parking: http://www.amazon.com/High-Cost-Parking-Updated-Edition/dp/1... .
Parking is already very expensive in many urban areas and it's implicitly subsidized by zoning requirements. The true cost of parking is even higher.
Places built explicitly around parking (like Atlanta or Phoenix) end up paying high time costs in the form of driving.
There is no free lunch (or in this case, parking spot).