Quote:
Originally Posted by TurnedTheCorner
Table 5 is right on the money. CT and the parking authority never really try to improve things, they just strive to be the lesser of two evils.
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I think one thing that Calgary could do is tax private parking lots more. The restricted supply is what makes them valuable, this supply is effectively limited by our road capacity and policy both things that the cities control. Therefore the city should be making the profit of the parking resource rather than a private company who owns valuable land. So the city should tax parking excessively say 50% of the value of the spot.
Essentially this is a user fee for using roads when they are busiest. This money can then be allocated to other forms of transit which don't intensify road use. Some sort of density based pricing of resources should be applied to subsidize transit.