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The opportunity cost of parking in major cities is unfathomably high. There probably shouldn't be much parking at all, beyond what's needed for handling emergency situations.
Right, but it might be time to make public transport a thing in major cities. If smart cities want to build better, then need to build a good infrastructure.
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That would be the likely alternative. If parking were appropriately scarce, demand for public transportation would grow accordingly.
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Most of the time, if you live in the city your car remains parked. Its just dead weight.
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