When The City first installed its SFpark meters — devices that would increase hourly parking rates based on demand — many motorists complained that it was one more way to gouge drivers for extra dollars.
In fact, the program has done the exact opposite.
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Since The City introduced its nationally recognized SFpark system last year, parking rates at city-owned garages have fallen by 20 percent — with many lots now cheaper than nearby street meters.
Rates at some garages are now as low as $1 an hour throughout the day.
Parking rates at 14 of the 20 garages run by the San Francisco Municipal Transportation Agency are determined by availability and demand. So prices drop when occupancy is low.
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URL: http://www.sfexaminer.com/topics/donald-shoup
