Quote:
Originally Posted by trueviking
the cost of parking is still not high enough to be profitable in the exchange....would be great to allow free market to reign but that's simply not the reality yet...
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Perhaps if the City of Winnipeg increased the price of on-street parking in this area, much like they did around the MTS Centre, it would smash the glass ceiling that we have on prices in this area for evenings and weekends. People who use will have to pay for it and those who bike/transit don't.
Why should $5 million of my tax money go to a parkade when I don't own a car?
I have heard the argument about "people paying for things they don't use all the time," mostly about school taxes, but it creates a better society. Parking lots and parkades create all sorts of negitive externalities -- they are not good things.
I also know that the $5 million isn't actually tax money, it's proceeds from the sale of the other parkade, but it still could be used some other more productive way.
I'm fairly certain that City Council doesn't have the words "opportunity cost" in their vocabulary.