Comment 116777

By kevlahan (registered) | Posted March 03, 2016 at 16:03:30 in reply to Comment 116772

The Economist has an article in this week's issue pointing out the harm and congestion caused by various subsidies to driving in mega cities.

Ideally, all would follow London, Singapore and Stockholm in charging drivers to move around the city at congested times. But cutting subsidies would be a good start.

One, which Hamilton also has, is minimum parking requirements which encourage more driving. It means non-drivers subsidize drivers since the cost of providing the parking is passed on to all consumers.

As we have seen in Hamilton, it also has a big opportunity cost since some businesses are not viable due to the cost or space needed to satisfy the parking requirements.

Comment edited by kevlahan on 2016-03-03 16:04:08

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