---
title: "Parking is a scarce resource.  If the owner didn't increase the..."
date: 2023-07-29
source: facebook
type: comment
context: "John Tchoe's photo"
fb_link: "https://www.facebook.com/dyi/l/?l=AYMYlekldgZ8QxaKn7BiwZilt_B0IqkUubaiDsYq9KFFkIzVREWgInvdeMkGECDJ4t7y0MVTUX7hkBdrU8WHRTD-t8Ai0bK39IinjYDNaYwwsF8VRboN9Jh0c-42ZU6smOgsh0hDxvaWTNM4D_UJ7JL82kkxb5JDXzMVF-nUep6x2W3uroTtML4JLGkJ5Tk5Pbfd7F7del0&s=519"
---

# Parking is a scarce resource.  If the owner didn't increase the...

*July 29, 2023 — Comment John Tchoe's photo*

Parking is a scarce resource.  If the owner didn't increase the price, it would be quickly snapped up, and there would be no parking available at all, at any price.  A high price incentivizes those who _aren't_ attending the Swift concert to stay home.  It also incentivizes others to open up more parking, such as the normally private lot of a nearby business, or the driveways of nearby homes.