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Metropolitan DC Local Politics
Reply to "S/O What should MoCo do about parking in downtown Bethesda"
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[quote=Anonymous][quote=Anonymous] I've only parked in a County garage in Bethesda maybe once or twice. IIRC there were plenty of spaces. Are there always spaces available on weekends, despite it being free? As an economist, that suggests that it should remain free - the market clearing price is zero - to put it another way, it provides value to people parking at no incremental cost, and putting on a fee would reduce that value. (that ignores both the external costs of people driving in, and the benefits to retail, which as a swag I am assuming balance out) But it also suggests that building more off street spots is probably not worthwhile, as the demand is simply not that great. [/quote] As an economist, you should know that there's no such thing as free parking.[/quote]
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