Solving Scarce Parking With Benefit Districts

Interesting article yesterday about ‘benefits districts’ for parking; letting local neighborhood price parking appropriate. Although revenue going back to individual neighborhood improvements could give an incentive to residents to set prices above or at actual market prices (and therefore potentially dissuade ownership), it also could create an opportunity for less dense and progressive neighborhoods to continue setting low prices for parking. In essence it could great greater neighborhood disparity and social inequity. Many affluent neighborhoods may not need the additional fees because they could pay for public improvements in other As such this may not be the best tool for a climate-sensitive parking pricing strategy that would really encourage mode shift on an equitable basis.