Quote:
Originally Posted by corporatejay
I live in the deep south. Right now WITH the parking fee somerset/bridlewood is full by 7:15 a.m. on Mondays. Shawnessy, also full.
Why would you get rid of that revenue, it makes no sense. Before the fee if you weren't there by 6:30, too bad, no spot for you.
The demand for a lot like that is too high, so they need to either increase supply or decrease demand. By charging a fee, they decreased some demand. So now if I want to take the train I'll have to make sure I'm at work for 4.am. Great.
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What revenue? Not as many people are taking transit. Transit has lost a $85 bus pass because of $3. Downtown parking places like ImPark aren't dumb. They have reduced their prices... one of my coworkers parks in an outdoor parking lot for just $240. If Bus pass is $85 and increasing plus $3 parking everyday, driving to work and parking downtown isn't that much more expensive and you can come and go anytime and not have to sit on the bus.
You are correct that there needs to be some kind of balance.