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When a city requires on-site parking for all new housing, housing costs rise while the price of driving falls. This results in less housing and more driving. Minimum parking requirements are particularly troublesome for old, dense inner city neighborhoods. Many buildings constructed before World...
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In February 2003, the London Congestion Charging Scheme was introduced and in 2006 a similar policy was introduced in Stockholm. In both cases automobile traffic entering the cordon declined by about 20 percent. This book evaluates these and other similar programs exploring their implications...
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The political feasibility of using prices to mitigate congestion depends on who receives the toll revenue. We argue that congestion pricing on freeways will have the greatest chance of political success if the revenue is distributed to cities, and particularly to cities through which the...
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The political feasibility of using prices to mitigate congestion depends on who receives the toll revenue. We argue that congestion pricing on freeways will have the greatest chance of political success if the revenue is distributed to cities, and particularly to cities through which the...
Persistent link: https://www.econbiz.de/10010676937
Relaxing minimum parking requirements allows developers to be more creative and efficient in supplying housing, especially in inner city areas. By mandating that all parking must be on-site, minimum parking requirements have delayed the revitalization of inner-city areas where stately buildings...
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