The Economics of Changing Car Parking to Bike Parking

The Economics of Changing Car Parking to Bike Parking – A study demonstrating that in commercial districts where both bicycle and car parking space is scarce, it is in the best interests of the merchants to re-allocate car parking spaces to bicycles, because per unit area, bike parking spaces generate more sales revenue.  Despite this, many commercial districts allocate public parking area at something like 100:1 cars:bikes.

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