San Francisco Provides $20.6 Billion in Public Housing...For Cars

San Francisco Provides $20.6 Billion in Public Housing...For Cars

If privately owned, all of the public parking in San Francisco would generate $244.8 million a year in property tax revenue. Subtract the revenue it generates from public parking and ignore what the city spends on maintenance. You find that public parking in San Francisco represents a $117 million opportunity cost to the city and the taxpayers.

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