Kelly: Is there a downside? I’m thinking of people trying to find a parking place, for starters.
Horowitz: So we see that in places that have actually eliminated parking minimums, that we see fewer people driving at all and having cars and we see vehicle miles traveled decrease because people can get around via other mechanisms.
Well, now, would you look at that?! If we change the incentives, if we stop incentivizing driving by law, people change their behavior. In this case, they can save a ton of money by not needing a car.
Not even. There are several parking lots in my city that are way bigger than they need to be. They’re not even full on Black Friday. The lots are just unreasonably big for no reason.