Donald Shoup on the Economics of Parking

Donald Shoup, a distinguished professor from UCLA and author of "The High Cost of Free Parking," dives into the hidden costs of parking policies. He argues that many regulations harm the economy and advocates for charging for curbside parking to fund neighborhood improvements. Shoup highlights success stories in urban areas that have embraced flexible parking solutions, boosting local businesses while reducing congestion. He also discusses how adjusting parking prices can enhance social equity and increase affordable housing options.