You’re probably at the edge of the bus line. There’s a usually very empty bus every 30 minutes just a block away from me. I took that bus a few times and realized that my neighborhood is the turn around for it. Most of the folk on it have gotten off by the time it loops through.

This situation of empty busses at houses makes sense too. Why would a bus be full at the edge of town? It needs passengers first and they won’t accumulate until the bus is near populated spots like downtown. And why would a city pay for empty busses when they could route them in better areas?

There are good parking garages and bad parking garages. What makes a good parking garage? I’d say good garages must be:

• Located away from attractions and venues. The garage should not operate as a way to funnel cars into a popular area but rather as a way to store cars for those unfortunate enough to be unable to arrive by alternative means.
• Located close to public transit. The garage should operate as a gateway into a local community, hence should have access to bike paths, trains and trams, buses, etc to carry their passengers into a community.
• Be priced to cover the garage cost. Garages are expensive and the hourly/daily fees with average occupancy should pay for the garage in 10 to 15 years.
• A tool to remove on-street parking and minimum parking requirements.

Bad garages are ones that break the good rules. They are:

• Are free or too cheap to pay off their construction cost and land value in a reasonable time period.
• Located inside downtown areas.
• A method to increase the capacity of car storage in downtowns.

It’s also possible for a good garage to become a bad one. Say a small town installs a parking lot on the edge of town, but then the town grows. That lot should be removed due to the increased land value it occupies. The new medium sized town can consider adding a parking lot or garage again, but certainly not in their popular, profitable, and active downtown.

Nortel wasn’t killed by Huawei stealing their IP, which certainly did happen. They tanked themselves with some terrible accounting that hid the terrible situation they put themselves in. Nortel and Enron are the reason GAAP is the gold standard and legally required to be reported these days.