Shoup Talks Parking With NYC DOT
UCLA Luskin’s Donald Shoup was a guest on the New York City Department of Transportation’s “Curb Enthusiasm” podcast. The distinguished research professor of urban planning and author of “The High Cost of Free Parking” shared insights on his favorite topic — parking benefit districts in which cities charge market prices for curb parking and then use all or most of the revenue to pay for added services on the metered block. Shoup also provided a bit of history behind his curb price calling, which he says started in Manhattan when he was a PhD student in economics writing his doctoral dissertation on the land market. “I did notice that almost all cars parked free on some of the most valuable land on Earth. And I thought, well, how would a land economist explain this? It is very puzzling. And I have been sort of following with that insight for about 60 years.”
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