The High Cost of Free Parking is an urban planning book by UCLA professor Donald …
Parking garages are seldom built as freestanding commercial ventures because parking revenues cannot cover the cost in a study of eight municipal parking agencies in the Middle Atlantic and New England states Herbert Levinson found that their annual operating revenue per space arranged between 26 and 36 percent of the annual cost per new garage space.
— The High Cost of Free Parking by Donald Shoup (Page 83)
But transit doesn't make a profit and that's why we shouldn't fund it 🫠