[iknowstuff]

The point of view is that even garage parking prices are depressed due to wide availability of on-street parking and parking space mandates in the country. Those serve, effectively, as subsidies for car owners. All that public space is wasted and made available for free to car owners, and the burden is shared by the rest of society. All that is just talking real estate - don’t forget the high environmental impact of concrete/asphalt, water runoff/evaporation issues, urban heat islands due to taking up greenery etc., higher incidence of accidents due to view obstruction and every other health and environmental issue that comes with encouragement of cars.

I don’t know exactly what a fully unsubsidized cost of parking is, but I’m not using hyperbole. It’s closer to $10-20/h than the ridiculously low prices people have grown accustomed to.