Parking in Waterloo Region

[Coke6pk]

So frustrating in the face of continued rate hikes on transit.

Also doesn’t make sense. How can there both be a waiting list and their lots are the most expensive? Wouldn’t their competitors (private businesses) have raised their rates? If it’s true that there is a waiting list they should raise their rates until the waiting list disappears. This is one way in which government actually should operate (more) like a business.

Their "competition" are churches and residential buildings that rent out their spots during the day.  (My wife pays for one of these spots, and its a lot cheaper than the city lot next door).  These spaces also have long waiting lists (She was on the list for 4 years, then sub-let a space for 2 before getting her current spot).

These spaces are sold for a little extra cash, but they are unlikely to monitor rates elsewhere as it's not a business.

Coke