Parking guru Donald Shoup writes in the current issue of Access magazine that parking is a "good servant but a poor master" meaning that parking should be friendly but not subsidized.
Retired UCLA economist Donald Shoup has written extensively on the subject of parking and its impact on land use planning and transportation. Angie Schmitt nicely summarizes Shoup's article, originally printed in Access magazine (which is available online in PDF format):
The average construction cost of structured parking, across 12 American cities, is $24,000 for an above-ground space and $34,000 for an underground space. (Surface parking spaces are cheaper, but keep in mind those prices don’t include the cost of purchasing land.) Those costs get bundled into the price of everything, driving up the cost of living even for people who don’t own cars.
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