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A comment on If We Want a Shift to Walking, We Need to Prioritize Dignity. Parent comment

Re:If We Want a Shift to Walking, We Need to Prioritize Dignity by konschubert on Tuesday July 30, 2024 @03:02PM (#41112935)
Land Value Tax would fix this.

But even without, it’s crazy that you can afford the mortgage with the parking fees.

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Re:If We Want a Shift to Walking, We Need to Prioritize Dignity by AlchemistCamp on Tuesday July 30, 2024 @03:20PM (#41113126)
I'm definitely on board with a land-value tax. It would be a significant boon to productivity, economic mobility and even growth.
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Re:If We Want a Shift to Walking, We Need to Prioritize Dignity by vel0city on Tuesday July 30, 2024 @05:56PM (#41114519)
Say you've got a lot with like 420 spaces a few blocks away from Minute Maid Field in Houston. You charge $25 for parking during the event and you're guaranteed to fill it up every game. 81 home baseball games a season. That's $850k in revenue a year, practically guaranteed, and just for the baseball games. How many other events will they host there?

Let's say on an average workday your lot is like 60% full. You charge like $8/day for normal workdays or something. 252 spaces * 8/day ~$10k/wk. Lets say 50 of these normal weeks in a year, that's $504k in parking for the normal workdays.

Normal workday and baseball games gives you ~$1.35M in revenue for something you need to repave every decade and paint every couple of years.

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