Market pricing should apply to parking in all congested areas in Vancouver

Two cheers for the City of Vancouver for proposing market pricing for parking in the congested West End on the basis of an excellent staff report. No cheers, though, for developers and others who plead for lower parking requirements.But what’s not to like about reducing parking requirements? Developers can reduce their costs by getting rid of them. Buyers will gain when builders pass on some of the benefits. Developers also argue that the decline of car-use means less parking will be needed in the future.Here is the downside.The lack of in-building parking in congested areas such as the West End

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