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kenf asked:"why should I have the price of a parking space that is of absolutely no use to me bundled into the price of my housing?"

That's easy, if you don't need it, then rent it out or sell it (if allowed.) If it's there and you don't need it personally, it still has value. If it's not there it's value that is just plain not there.

The problem with a lot of this "don't build the roads and they won't come" concept is that it strives to achieve its "efficient use" of resources by relying on mechanisms that cause "no growth". This is static thinking because it overlooks the fact that efficiency gets geometrically increased as you increase choices ... which is something the automobile (as a form of personal transportation that can take and your things almost anywhere you want to be at almost any time) has done for us.

by Lance on Jul 25, 2008 2:28 pm • linkreport

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