One of the most traffic choked cities in the world has always been home to an oddity – street parking is free and with almost no restrictions. No time limits, no permits, no payment required – at least officially. As long as you don’t block a driveway, you can park on a local street. This past weekend, a neighborhood got to vote on the novel idea of introducing parking meters to restore some order to their streets.
As “The High Price of Free Parking” taught us, a policy of free and unlimited parking comes with many serious drawbacks. For one, by making parking free, more driving is encouraged, which is especially troublesome in a city known for its endless gridlock. At any given point, how many tens of thousands of drivers are circling the block, looking for an elusive empty space?