Quote:
Originally Posted by spanktehbadwookie
So based on the feedback from this parking scandal are libertarian-types against free parking and for people selling stuff they don't actually own? Or is it for expensive parking and against the government stopping people from selling stuff they don't actually own? Or is it against government parking and for people who can't afford free market parking to STFU?
I'm for free parking, or at least reasonably affordable, and for selling stuff I actually own. (FWIW, myself being nowhere near San Francisco)
Not quite sure why pvn is being kind of a dick about this but I actually think this is a pretty interesting subject.
My gut reaction is to hate these guys just like ticket scalpers but if I think about it I think I like these guys. It's so
American. It's classic entrepreneurship. They've spotted a resource that is being sold for less than the market values it for. They're buying that resource wholesale and selling in a more dear market. I gotta respect poor people (I'm assuming being employed takes you out of the parking spot flipping game) seeing an opportunity and working to make a buck.
It does sound like San Francisco should raise its parking meter rates as for sure it sounds like the quantity demanded greatly exceeds the quantity supplied at the current price. I actually think that a better idea of San Francisco might be to monitor this app and collect data on what the going rate is for parking at different locations and times. They can then adjust the meter prices accordingly. The scalpers get pushed out of the market, San Fran gets the extra revenue, and the parking space market more accurately reflects supply and demand.
Of course, the city has reasons not to charge full market parking rates (angry dumb voters) just like Katy Perry has reasons not to charge full market rate for concert tickets (angry dumb parents). Of course, when you create these shortages people pay in other ways like time circling the block, camping outside the ticket office, etc.
Last edited by JayTeeMe; 06-25-2014 at 10:29 AM.