{"id":12,"date":"2005-11-18T08:26:00","date_gmt":"2005-11-18T15:26:00","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=12"},"modified":"2007-07-23T19:59:02","modified_gmt":"2007-07-24T02:59:02","slug":"economics-101-at-the-airport","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/12\/economics-101-at-the-airport\/","title":{"rendered":"Economics 101 at the airport…"},"content":{"rendered":"

From the Phoenix Business Journal<\/a>:<\/p>\n

Parking fees will be higher next year at Phoenix Sky Harbor International Airport.<\/p>\n

Under the plan approved by the Phoenix City Council, daily parking fees in the economy surface lots will rise from $5 to $8.<\/p>\n

Parking in the economy garages will go up from $7 a day to $10.<\/p>\n

And terminal garage rates will rise from $16 to $20.<\/p>\n

The new fees take effect Jan. 9.<\/p>\n

Airport officials had requested the parking increases, citing too many cars, and too few parking spaces. The idea is that the higher rates may encourage more people to take public transportation when traveling to the airport or to park at private parking lots, outside of the airport.<\/p><\/blockquote>\n

This is not completely bone-headed. In a free market, price is an indicator of relative demand, and as prices rise, prudent buyers seek alternatives.<\/p>\n

Here’s the bone-headed part, though. In the short-term lots, the lots most in need of turnover, you will pay $1 per half-hour, an impressively high price. If you stay for 23.5 hours, you will pay $47. Ouch! But stay just a half-hour longer and the charge drops to $20.<\/p>\n

Good thinking!<\/p>\n","protected":false},"excerpt":{"rendered":"

From the Phoenix Business Journal: Parking fees will be higher next year at Phoenix Sky Harbor International Airport. Under the plan approved by the Phoenix City Council, daily parking fees in the economy surface lots will rise from $5 to $8. Parking in the economy garages will go up from $7 a day to $10. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[2],"tags":[],"class_list":["post-12","post","type-post","status-publish","format-standard","hentry","category-general","no-featured-image"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":489,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/489\/want-to-know-where-real-estate-corruption-comes-from-whatever-you-do-dont-look-in-the-newspaper\/","url_meta":{"origin":12,"position":0},"title":"Want to know where real estate corruption comes from? Whatever you do, don’t look in the newspaper . . .","author":"Greg Swann","date":"September 30, 2006","format":false,"excerpt":"I have a bunch of Phoenix-area real estate news piling up in browser tabs, so I want to reference it now, before it blows away in the autumnal desert breezes. First, more fake good news downtown: \"Phoenix is putting in place the final building block in its plan to construct\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/48\/corporate-welfare-downtown\/","url_meta":{"origin":12,"position":1},"title":"Corporate welfare Downtown","author":"Odysseus","date":"January 25, 2006","format":false,"excerpt":"Also from the Republic:City officials are negotiating with a St. Louis-based company that wants to build a $22 million parking garage on the eastern edge of downtown. The six-level structure would be on city-owned land on the Phoenix Biomedical Campus, near Fifth and Van Buren streets.What it says, reading between\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":470,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/470\/blogoff-post-93-a-few-tips-on-avoiding-unexpected-fees-penalties-on-rental-homes\/","url_meta":{"origin":12,"position":2},"title":"Blogoff Post #93: A few tips on avoiding unexpected fees, penalties on rental homes . . .","author":"Greg Swann","date":"September 26, 2006","format":false,"excerpt":"This is from my Arizona Republic column:With regard to my recent advice to a young landlord, a reader phoned to leave this sage counsel: Don't forget about the rental tax. The worst way to find out about unpaid taxes is by getting a bill for three years' worth of arrears.\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8241,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8241\/reflecting-very-briefly-on-the-phoenix-real-estate-market-i-got-my-job-through-the-new-york-times\/","url_meta":{"origin":12,"position":3},"title":"Reflecting (very) briefly on the Phoenix real estate market: “I got my job through the New York Times”","author":"Greg Swann","date":"May 5, 2009","format":false,"excerpt":"Last Tuesday, while racing around doing real estate work and preparing for BloodhoundBlog Unchained, I was interviewed by the New York Times about the Phoenix real estate market. I've been interviewed a zillion times before, and it's cool and fun and it means absolutely nothing. I got picked because of\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16883,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16883\/real-estate-guerrilla-marketing-for-immediate-results-how-to-be-young-hungry-and-compensated\/","url_meta":{"origin":12,"position":4},"title":"Guerrilla real estate marketing for immediate results: How to be young, hungry \u2013 and compensated.","author":"Greg Swann","date":"September 3, 2020","format":false,"excerpt":"I did a Facebook Live show today with Judah Hoover and Joshua Weidman. I had a blast, and I hope I provided some benefit for the listeners. Big takeaway: \u201cHow the heck did you waste another day without moving to Arizona?!?\u201d I talked a little bit about how I got\u2026","rel":"","context":"In "Flourishing"","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/Screen-Shot-2020-09-03-at-1.25.36-PM-480x269.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1955,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1955\/fed-trades-a-sharp-pain-quick-recovery-for-extended-convalescence\/","url_meta":{"origin":12,"position":5},"title":"Fed trades a sharp pain, quick recovery for extended convalescence","author":"Greg Swann","date":"September 21, 2007","format":false,"excerpt":"This is my column this week from the Arizona Republic (permanent link): \u00a0Fed trades a sharp pain, quick recovery for extended convalescence As I write this the Federal Reserve Bank just cut its federal funds rate and also its discount rate, both by half-a-percent. The Fed doesn't control mortgage interest\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/12","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=12"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/12\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=12"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=12"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=12"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}