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Originally Posted by acottawa
Everyone has their own definition of what is expensive and cheap, but I suspect in an era where even relatively junior bureaucrats make over 100k and a combo at a fast food place costs $15, that $22 for parking 3 times a week will not induce someone to take a challenging transit trip as many here are describing.
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3x per week? No. I said that before. Anything beyond that, and it starts adding up. Also, to reiterate, these are current rates, largely based on the last few years of 2x per week office attendance. Lots operators will adjust as demand rises.
Also, I will add that junior bureaucrats making six figures and not caring about $22/day is Avocado Toast level of delusion. Those same junior bureaucrats have also seen housing and other living costs go up far faster than pay at those levels. Not unusual these days for a lot more of these folks to be living far more frugally than previous generations at those grade levels.
Quote:
Originally Posted by acottawa
The newly built condo on top of Lyon station has public parking. The new condo between Sparks and Queen has public parking. Those are the newest downtown condos as far as I know. Newish-buildings like the Shoppers Drug Mart building on Bank and the former Shopify building on Elgin have public parking. I would expect that at least some of the other condos under construction have public parking. It is an easy revenue source for a developer.
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So other than an office building (which tend to have some parking for employees and visitors), not much. Developers hate building parking, especially if they have to bury it, which is expensive. It drives up costs substantially and the returns are usually very poor. If it was different, we wouldn't see literally every condo being built with less than 1:1 parking ratios in the downtown core.
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Originally Posted by OTSkyline
Not sure where these $15/day parking spots are... downtown is pretty much all in the $20-$22-$25/day now, but still not convincing people to take transit.
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Paying $20-25 for 2x per week when you work 3x per week at home and are eating food from your fridge instead of food court was no big deal. Every day that gets added to the RTO side of the ledger makes that math worse. At 3x per week, fewer people will drive. At 4x per week, even fewer. And I think we can safely bet at this point that once there's a change of government, we're probably going to be back to 5x per week.
Quote:
Originally Posted by OTSkyline
Look at the horror show today. First week after the long weekend where the 3-days a week in the office is mandated and the LRT is not working *AGAIN*. The 417, Parkways, Carling, are all red and bumper to bumper since pre-7am... This is just the beginning.
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It's going to be like this for a few months. It'll level out eventually as some folks finally give in and start taking transit again. Downs-Thomson paradox in effect.
Also, we should get some relief when the new government lays off tens of thousands of public servants in 2026/207, exactly as Stage 2 East and West come into service adding capacity to the system.