MARYLAND: After years of debate, New York state has adopted congestion pricing to deal with traffic problems in New York City.
At their best, cities create deep pools of labour and large markets of consumers, and make it possible to provide public goods such as mass transit and trash collection efficiently. Planners should be encouraging cities to become bigger and more dense if we want to improve economic performance. The results: Travellers altered their schedules, took different routes or collapsed multiple trips into single journeys.
It also can produce some unintended consequences. In London, house prices within the congestion charge zone increased – bid upward by consumers who were willing to pay to avoid traffic and enjoy improved environmental conditions. Over the long term, the congestion tax lubricated the gentrification of central London.
But this is just one well-used road, and there are many other routes into central Washington. The I-66 tolls are more about generating revenue on one road than reducing congestion citywide.
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