Quote:
Originally Posted by bcp
OK..then the free-market is working just fine...chicago is doing amazing, and although developers are allowed to build as much parking as they want...they don't. Welcome to our side! ;-)
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You've either mis-read or misunderstood.
There should be parking maximums. In some cases - perhaps a lot of cases, too much parking has been built in residential developments in greater downtown and in transit-proximate neighborhood locations. In some cases developers on their own have built too much. In some cases, they've probably been prodded/mandated by pandering aldermen to do so. (this mandatory upper limit on parking would be to protect the city against developers building excess parking on their own as much as aginst aldermen and NIMBYs). Again, people, adding excessive parking spaces is just like what happens when you add more lanes to the freeway - it only encourages more driving - leading to the negative social, economic and environmental externalities of congestion, waste and pollution. What is it you can't accept about this? (oh - let me guess, it conflicts with your ideology, right?)
The point of parking maximums would be to limit excessive parking from the standpoint of what works for a healthy functioning downtown society, and to limit negative externalities - not to help the private market ensure that there are enough parking spots for everyone always (what's 'good' in maximizing individual choices for all individual agents is in many, many cases, not good for society, ie 'the market' overall). Newsflash: This is an example of private market failure (just like the 07-08 financial crises and great recession)
Guys - this stuff is not challenging. The rationale of your argument is perplexing - 'since there are no parking maximums currently, and the city is not in ruins, then no maximums must be working just fine - we've got this one figured out' - ........no, not perplexing - intellectually bankrupt is more apt....