Friday, January 6, 2017

The Real Problem With Higher Parking Meter Rates: They’re Not High Enough

Wouldn’t it be wacky if the cost of driving went down and up when market conditions change? Oh, wait, it already does: New vehicles get more expensive as automakers lure buyers with new features. After plunging for years, amid a global oil glut, the cost of gasoline is rising again.

 People take that in stride. But for some reason, we view free or low-cost parking as a human right, and we’re all shocked when the City of Boston asks drivers to pay extra for curbside spaces in jam-packed areas. Recently, Mayor Martin Walsh announced plans to hike parking meter rates from $1.25 an hour to $3.75 in the congested Back Bay and impose varying rates of up to $4 an hour in the Seaport District. The move provoked some drama, as a Globe story showed: “Nickel-and-diming commuters,” City Councilor Michael Flaherty called it. Vicki Smith, the chairwoman of the Neighborhood Association of the Back Bay, said her group was “blindsided” by the move. “I think I need to move to a different state,” a motorist on Newbury Street told a reporter.

 Relax. Moving lots of people and stuff in and out of congested spaces is a fundamental challenge in cities. Parking meters allow motorists to take turns using scarce curbside spaces, and should cost enough that there are vacancies on every block.

 If there’s a problem with Walsh’s experiment with higher rates, it’s that he didn’t jack them up enough.

Read the rest of the story here.

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