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Page added on March 21, 2005

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Free parking is costly investment

By Haya El Nasser, USA TODAY

There is no such thing as free parking, unless you’re driving around a Monopoly board, according to a book released today by the American Planning Association.

Cities and taxpayers are wasting billions of dollars subsidizing parking on valuable land that could be used for housing or parks, says The High Cost of Free Parking by Donald Shoup, an urban planning professor at UCLA.
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