"creates a predatory private market for public parking spaces that San Franciscans will not tolerate" Right, because I've never driven around Nob Hill for an hour trying to find parking, only to have to give up and pay $25 for a garage. The response from the city makes more sense if you've never actually had to do street parking in the city. When I'm at my wit's end, driving around the same streets continuously, I'd…
It's easy to see this as a foolish reaction of "there is a market? But markets are unfair because money, so let's stop it!" by the city of San Fran. In fact, it would take remarkably little to make me believe San Fran was that foolish. However, these apps also create incentives for people to not give up their spots until someone pays. It's an incomplete market, where someone sits on a shared resource until paid to mo…
Supply/demand problems really pricing problems.