05-13-2016, 03:38 PM
(05-12-2016, 11:41 AM)Markster Wrote: And convincing the city of that is an uphill battle. The city has a solution in place already: parking minimums. From their perspective, it's already a solved problem.
If we lower parking requirements, but don't facilitate the creation of an open parking market, then you end up with people demanding space for cars, but nowhere to put them, at any price. This is a problem we're seeing crop up in Northdale now.
You mean the municipal government should facilitate the creation of a market? I don't see that being necessary, and I would guess they wouldn't be very good at it.
There are a tonne of software solutions that have been developed to allow individuals with single parking spaces to try to rent them out. If the municipal government stops artificially inducing oversupply, a market will develop. What are the specific symptoms of the problem in Northdale?