11-21-2014, 06:58 PM
(11-21-2014, 06:37 PM)REnerd Wrote: This is threatening to go way off topic ... but BuildingScout, can you explain your comment? What do you mean a carrying cost of 2 dollars per day?
If you get a loan and build a steel structure car park you need about $2 per car spot per day to pay the mortgage in 20 years. To this you need to add the cost of the land, but I'm assuming we are talking about building on city owned property.