Re:Germany's 49-euro ticket resulted in significant modal sh...
by jjav on Monday October 14, 2024 @04:12AM
(#41835343)
Let's say there are 500 parking spots. With free parking and a vibrant area, all spots are taken and there are N people circling around looking for parking. Not sure what N is but let's say 50 (seems reasonable).
If after the price increase there are 10% (50) parking spots open, that means at least a 100 people went elsewhere (20%). That's a pretty significant drop in business to the local stores.
And speculation aside, I've seen this happen in two downtowns I frequented. Parking meters were installed, people went elsewhere, the vibrant downtown died and was boarded up and abandoned. And it's not just a transfer of business to a different location, but a loss of cultural significance. Because the old downtown had artists and musicians who no longer have a place at the strip mall. The stores moved, but the culture was lost.
If after the price increase there are 10% (50) parking spots open, that means at least a 100 people went elsewhere (20%). That's a pretty significant drop in business to the local stores.
And speculation aside, I've seen this happen in two downtowns I frequented. Parking meters were installed, people went elsewhere, the vibrant downtown died and was boarded up and abandoned. And it's not just a transfer of business to a different location, but a loss of cultural significance. Because the old downtown had artists and musicians who no longer have a place at the strip mall. The stores moved, but the culture was lost.