Fixing Parking

(Joint with Jens von Bergmann and cross-posted at MountainMath)

New parking proposal just dropped! As Vancouver City Council once again discusses parking it seems like a good time to give a brief overview of the trade-offs involved, with special focus on the progressivity of parking permit fees. Vancouver proposed to introduce a city-wide parking permit program, requiring residents to buy a $45/year parking permit to park their vehicles on city streets (reduced to $5 for people with low incomes), or pay a $3 overnight visitor parking fee. Additionally the City proposes higher annual fees of $500 to $1000 for new gasoline-powered cars built 2023 or later.

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