by Stephen Smith The LA Times reports that Los Angeles is considering "privatizing" ten public parking garages to fill a budget shortfall. The story is, unfortunately, a reminder of how infrastructure "privatization" is often little better than the status quo, and how media reporting of the … [Read more...]
Chicago Privatizes Parking Meters
Of course, Chicago is just privatizing the revenue from meters, not the actual parking spaces. Plus, the city will regulate rate increases, but it's a step in the right direction. (right?) For today's politicians, this is a great way to get windfalls of money today for revenues of future … [Read more...]
Markets for Parking
Matthew Yglesias: Parking How much will they pay? Well, it's hard to know in advance which is why you need markets. But that's what you should have -- as much parking as the market will bear. Not government-mandated parking, and not government-provided free or discount parking. Let people build … [Read more...]