I love living within a 20 minute walk to downtown. The funniest part is seeing all of the chronic 'move my car every two hours ' crew - including the Hummer- now parking one block further away since in from vancouver is now one hour.
What do people do in big cities? Expect to park downtown or take public transit. Unless you are rich or like wasting money, the latter.
Parking operators will arbitrage the supply and demand imbalance and raise rates until either people choose another way downtown or new garages get built. At the same time value of properties downtown will increase, further reducing the supply of low value surface lots in comparison to developed sites. As a resident, do I want to see the city prioritize new parking garages to serve commuters, inevitably increasing traffic through the city, or would I prefer the same funds to be spent on something that might be of value to me, like a non antiquated pool or more public transit so the 22 runs every 15 minutes in the morning instead of 20 . The latter two, for sure.
What it comes down to is that I'd rather have a livable and walkable city rather than a homage to big roads and cars.
There, I just combined right wing economic theory with left wing livability arguments.
Edited by manuel, 12 October 2017 - 09:26 PM.