Yep, I worked for a university for a while and I had to pay around $120 a year for parking too. Even better, I got laid off a month after I renewed and was told there were no refunds. Also, it was a 10-minute walk from where I could park to my office unless I wanted to pay even more for a premium spot. Really fun in mid-winter when the temperature was below zero.
Providing parking is incredibly expensive. The true cost of providing that much real estate for a car for a year would be in the thousands. Why not charge the true cost of a service?
To incentivise the use of more efficient modes of transport. When every employee effectively has an expensive parking space made available to them gratis why would they take any other kind of transport?
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Yep, I worked for a university for a while and I had to pay around $120 a year for parking too. Even better, I got laid off a month after I renewed and was told there were no refunds. Also, it was a 10-minute walk from where I could park to my office unless I wanted to pay even more for a premium spot. Really fun in mid-winter when the temperature was below zero.
Providing parking is incredibly expensive. The true cost of providing that much real estate for a car for a year would be in the thousands. Why not charge the true cost of a service?
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To incentivise the use of more efficient modes of transport. When every employee effectively has an expensive parking space made available to them gratis why would they take any other kind of transport?
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Ride a bike.