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Home » Archives » February 2010 » Free Parking: Boon or Bane?

02/24/2010: "Free Parking: Boon or Bane?"
A few maddening facts about free parking and how it becomes a sort of abuse of community:
  • Ninety-nine percent of U.S. car trips begin and end in a free parking space.
  • The average automobile is parked 95 percent of the time.
  • Parking typically represents a full 10 percent of development costs. What's more, the people who actually park only pay 5 percent of the cost of non-residential parking, meaning that public subsidies and developer capital pay for the rest.
From Streetsblog.org, in a piece by Noah Kazis entitled: Fun Facts About the Sad State of Parking Policy.