Guest: Donald Shoup author of the "High Cost of Free Parking"
Podcast: You have nothing to lose, but your high rent!
Donald Shoup is the Distinguished Research Professor in the Department of Urban Planning at UCLA. His research has focused on parking, transportation, public finance, and land economics.
In his 2005 book, “The High Cost of Free Parking,” Shoup recommended that cities should (1) charge fair market prices for on-street parking, (2) spend the revenue to benefit the metered areas, and (3) remove off-street parking requirements. In his 2018 edited book, “Parking and the City,” Shoup and 45 other academic and practicing planners examined the results where cities have adopted these policies. The successful outcomes show this trio of reforms may be the simplest, cheapest, and fastest way to improve city life, protect the environment, and promote social justice.