3min chapter

99% Invisible cover image

Paved Paradise

99% Invisible

CHAPTER

The Importance of Parking Meters in Chicago

The city of Chicago bought 36,000 parking meters for $1 billion in 2009. Henry Rollins says it was a bad deal because the money went to Wall Street investors. He says they could have raised meter rates and made more by charging cars at the curb. Rollins: "This becomes like a major drag on the types of things that the city is able to do"

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