undefined | Better HN

0 pointsbsder2y ago0 comments

> Meanwhile, even at the busiest our garage is more than half empty.

Unfortunately, that sounds like the spaces are close to being properly priced in the market?

Getting more utilization would require the price come down, and the price decrease may not increase the overall revenue immediately.

You would need cheaper nearby parking in order to force the price down. If there is no cheaper parking nearby, then the market is at the clearing price.

0 comments

JambalayaJim2y ago

The price of a car itself is significant, there may well be zero utilization in an area where residents simply don’t own cars.

j / k navigate · click thread line to collapse