Spending capital on parking is one of the most financially challenging decisions a person can face. The average spending on parking is higher than what is spent on the office or home. There are several factors that affect the final costs of building a parking space, below are 6 of them. 1) Geography The location […]
In cities and especially metropolitans, car parking has turned into a major nuisance for both commuters and local administrations. With spaces in city, centers are receding every day and the number of vehicles is constantly piling up, arranging parking spaces that can accommodate all the cars have become virtually impossible. As a result, more drivers […]
Parking brake, also known as emergency brake and handbrake, is a standalone braking setup that is not connected to the hydraulic brake system of the car by any means. The primary purpose of the parking brake is to stop the car in emergency situations or when it is parked. The parking brake is an essential […]
If you own a vehicle, then you would definitely want to have a parking spot it for too. It can be a garage, a carport or just a roadside spot besides your residential premises. However, these spots are primarily used when vehicle owners are not going anywhere. For all the vehicles that are on the […]
Well, it seems quite redundant to bring up the fact that people should not park their vehicles in No-Parking zones. However, it’s an unfortunate reality that every year thousands of drivers breach this basic law provision. More importantly, nearly all the people guilty of parking in No-Parking spaces don’t have criminal backgrounds, and neither is […]
There are many ways in which big cities are characterized—a spectacular skyline, a buzzing city center, and roads swarmed with cars. Overflux of vehicles is definitely a major characteristic of any big city. While an overwhelming number of vehicles creates parking problems for drivers, it also carves out a separate economy of its own. Big […]
It’s economics 101 that any investment must entail either of these two things: consistent cash flow or appreciation of the asset over time. Any investment that ensures both these prospects is undoubtedly the most sought-after option. For that matter, real estate investments are always in demand. Apart from investing in condos, apartments and suburban estate, […]
The term ‘car parking anxiety’ might sound quite exaggerated and superfluous, but only to those who haven’t experienced the herculean task of finding a parking spot in a busy city center and then parking the car like a juggler because of space constraints. People living in populous urban and suburban centers are well aware of […]
The last thing anyone needs after a long drive or hard day at work is to get caught up in traffic. You have to clear just one more hurdle before bolting for the door and ending the day. Add expensive parking costs, shortage of parking space, and restrictive parking enforcement, and you have yourself a […]
Parking remains as elusive and stress-inducing activity for U.S-based drivers as it ever was. According to a study by INRIX, on average, a car driver spends around 17 hours per year in attempts to identify and find a parking spot in garages, lots, and streets. This quest does not only cost time; the study illustrated […]