The news article was based on the work of Don Shoup of UCLA who is the
leading author on the free parking issue.  You can find one of his
papers, The Trouble With Minimum Parking Requirements, here

http://www.vtpi.org/shoup.pdf

this is the abstract

Urban planners typically set the minimum parking requirements for every
land use to satisfy the peak demand for free parking. As a result,
parking is free for 99 percent of automobile trips in the United States.
Minimum parking requirements increase the supply and reduce the
price–but not the cost–of parking. They bundle the cost of parking
spaces into the cost of development, and thereby increase the prices of
all the goods and services sold at the sites that offer free parking.
Cars have many external costs, but the external cost of parking in
cities may be greater than all the
other external costs combined. To prevent spillover, cities could price
on-street parking rather than require off-street parking. Compared with
minimum parking requirements, market prices can allocate parking spaces
fairly and efficiently.

Alex
-- 
Dr. Alexander Tabarrok
Vice President and Director of Research
The Independent Institute
100 Swan Way
Oakland, CA, 94621-1428
Tel. 510-632-1366, FAX: 510-568-6040
Email: [EMAIL PROTECTED]

Reply via email to