21–30 of 129 posts
Self-driving cars will render these obsolete
Is your self-driving car going to take up less space or something?
I found this article while doing cursory research on the economics of parking lots and booting. My assumption is that when booting companies could charge booted cars to remove the boot on the spot (i.e., on-site credit card reader), then booting became a more serious side-business for businesses that have parking lots (add in CV-monitored parking lot technology - automated delinquent detection). I have more research…
Self-driving cars will render these obsolete
Is your self-driving car going to take up less space or something?
I found this article while doing cursory research on the economics of parking lots and booting. My assumption is that when booting companies could charge booted cars to remove the boot on the spot (i.e., on-site credit card reader), then booting became a more serious side-business for businesses that have parking lots (add in CV-monitored parking lot technology - automated delinquent detection). I have more research…
By "booting" do you mean "towing"? I'm from western Canada and have never heard the term "booting" before in relation to parking lots and what I assume must be towing.
I like this billboard from the good old days https://upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Ev... . It says: "Everybody works but the vacant lot. I paid $3,600 for this lot and will hold till I get $6000. The profit is unearned increment made possible by the presence of this community and enterprise of its people. I take the profit without earning it." These lots produce negative externalities to society a…
I'll never understand how articles like this always talk about Uber and never about public transportation. https://en.wikipedia.org/wiki/AirTrain_JFK#Ridership >The AirTrain's ridership has risen each year since then. In 2017, there were 7,655,901 passengers who paid to travel between JFK Airport and either Howard Beach or Jamaica. This represents a 292% increase over 2004, the first full year of operation, when 2,62…
Self driving cars are a form of individual travel. An airport train is prescheduled and prerouted. The former beats the latter under specific circumstances only (or we would not have these two categories of transportation). I would argue that traveling from and to a large airport is about as disadvantageous as it gets for individual travel: Your schedule is determined by someone else. Your route is already fixed. The…
A large part of that circumstance being the nonexistance of the former and creation of our urban environments to specifically cater to the latter.
Earlier quoted context omitted.
Is your self-driving car going to take up less space or something?
The idea is that a self-driving car rarely has to park, it can simply drive around for your entire 8-hour work day after dropping you off. Or, maybe provide some ride-sharing services instead to be more useful and profitable.
At least in California, especially in Los Angeles, it's really important to factor in that parking lots -- even on land worth $10M+ -- often pay property taxes as little as $100-$1000 a year (thanks to Prop 13). You buy a parking lot, sit on it as the value of land increases (paying effectively 0% in taxes), then you eventually sell, paying only a capital gains tax (much lower than income). I only bring up California…
It would make commercial properties no longer subject to Prop 13.
[0] https://ballotpedia.org/California_Tax_on_Commercial_and_Ind...