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.

http://www.economist.com/news/leaders/21...

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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