• MysteriousSophon21@lemmy.world
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    15 days ago

    This is exactly the problem with parking privatization - it completely misses Shoup’s point! One of his core principles was that parking meter revenue should benefit the neighborhoods where it’s collected, creating a “positive feedback loop” for local improvements. When cities sell off parking rights to private companies (like Chicago’s infamous 75-year deal), they get a one-time payment but lose decades of potential community investment. Such a shame.