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Mexico City got rid of a ridiculous subsidy for drivers, and other cities should too

Mexico City got rid of a ridiculous subsidy for drivers, and other cities should too

In the 1950s, when car ownership was becoming widespread across the industrialized world, governments worried about where all these new drivers were going to park. In response, cities instituted rules on minimum parking requirements. Property developers were forced to build out space for parking spots according to the size of a building. The policy seemed…