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  #53  
Old February 17th, 2004, 08:29 PM
Miguel Cruz
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Default JFK Airtrain: Good News, Bad News, Good News and Bad News

Robert Coté wrote:
The whole concept of "free parking" has been confusing since the
Monopoly game put in the square. There is no free parking, it costs to
purchase land, build and maintain and somebody ends up paying for it.
It's bundled in the price of goods purchased at the big box or mall.
It's bundled in the movie ticket price, etc. However, this is a two
sided coin. Those big box prices are lower precisely because of the
large parking lot and business model built around it. You get those low
everyday prices even if you arrive by walking. In that case the parking
lot subsidizes pedestrians.


No it doesn't; that's not what "subsidize" means. Pedestrians don't add any
costs to be subsidized; in fact they are cheaper than drivers because they
don't push the parking lot usage closer to the expansion-or-frustration
tipping point. Their purchases contribute to the bottom line just as much as
drivers' purchases.

miguel
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