Fuck Cars
A place to discuss problems of car centric infrastructure or how it hurts us all. Let's explore the bad world of Cars!
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I really disagree with this one. As stated, there are good uses of garages and not so good, but pricing is the easiest incentive to encourage or discourage. We should price by the goal we wan to achieve.
That's a fair position to take, and thank you for debating. Have an upvote!
I don't think park-and-ride should be made artificially cheap or free because that causes demand to drive to the town edges. Regional transit is needed and is already competing with subsidized highways. We don't need more subsidies that induce even more regional car demand!
Besides, even with charging for the lost costs, park-and-ride is going to be cheaper over inner-city parking. Let me clarify my point of the cost of a garage: the cost of building a garage includes materials, maintenance, enforcement, and land value. City edge land is cheap to the point that park-and-ride probably won't be built as a garage but as a lot. Engineered buildings are expensive and usually only make sense when the land value is very high. I suspect it's only a million or two to build a paved, ~200 spot park-and-ride, which would place daily spot pricing on the order of $1.50 to $2.50 a day. That's pretty cheap compared to privately owned garaged parking in major cities (> $25 a day).
My pricing beef orbits around how often city garages are heavily subsidized. I'll make a real-life example from a nearby city of 64,000 people. They built a garage adjacent to their downtown for $12 million. Amortizing that over 15 years and the number of spaces puts the minimum revenue per spot at $8.98 per day. What is the city's going rate for parking? $40 per month for a permit and $1.25 an hour with 9 hours of enforcement. Only the hourly rate at 100% occupancy, which this lot is not generating, meets just the construction costs, let alone figuring out discount rate and property taxes.
And speaking of taxes, I expect publicly built parking lots and garages to also pay for their taxable rate, even if it's just an accounting trick by the city to price their lots. Running local property taxes as a land value tax would go a long way towards properly pricing the value of public garages. LVT would also discourage parking in the city center, where land is expensive, in favor of parking on the city edge, where land is cheap. Just another trick which drives down park-and-ride pricing and discourages city-center parking.
Especially your last paragraph I think is the key. We can't top-down dictate and micromanage all city planning. Rather, we should strive to implement a tax and zoning system such that things are done or not done according to their true costs. So long as we tax land appropriately, reform our insane land use policies (e.g., parking minimums), and tax externalities correctly (e.g., vehicle weight, congestion pricing, carbon, etc.), we should be able to just let the economy run, and the market will reveal where and when it makes sense to build parking garages and parking lots.
Personally, I suspect what we'll discover in the long run is parking, in all its forms, rarely makes financial sense.