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Metropolitan DC Local Politics
Reply to "Moco’s glass introducing bill to limit parking near public transit "
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[quote=Anonymous][quote=Anonymous]At new condos etc. meaning not providing parking spaces . How do people shop? Buy large items? Get away to avoid a domestic abuser? He claims it costs less to not have parking spots so costs go down. Laughable [/quote] Developers and their Smart Growth spinners assert the same thing in DC, but then argue that their new projects should enjoy residential street parking. The notion that any cost savings are passed on in the form of lower housing prices is fiction. The savings go right to the developer’s bottom line, and the situation is a classic economic case of shifting the cost/externalities (parking) on to the public.[/quote]
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