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the price must be comparable to the two-year cost of renting an off-street parking space in each parking zone.

Not necessarily. Your own reserved space has a much higher value than a "right" to a space somewhere on a street in the general vicinity of your house.

Anyway, the general thrust of this article is right on. But I think for political reasons it needs to be a two-step process. First, move from ward-based zones to neighborhood based zones. Get that settled.

Then, once there's a better handle on that, you can move towards some sort of scarcity pricing.

by ah on Sep 9, 2011 8:57 am • link • report

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