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Slightly Confined. | by RichTatum
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Slightly Confined.

Did you know that the latest estimate (2007) says that there are 136 million passenger cars in the US and that 96% of the time, they are parked. But where? According to the U.S. Census Bureau, there are more than 105 million commercial parking spaces available to them, each costing $16,167 to create. Commercial parking is an enormous business cost.


And, yes, this means my parking spot is worth more than my car.


On the other hand, parking is a lucrative business, generating more than $25–30 billion in gross revenue each year.


I should definitely invest in a parking garage.


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Taken on August 20, 2013