I have to disagree. Most of the value is in taxi services, where you get dropped off / picked up exactly where you want, there is no need to dedicate so much land and structures to parking, there is no need to have cars sit idle for 95% of their existence, and no need to search for parking spots and walk long distances.
Of course, I live in a city, where parking is a major pain. But the other things still hold. It it far more efficient of resources to have cars be used most fo the day, rather than sitting idle.
Of course, I live in a city, where parking is a major pain. But the other things still hold. It it far more efficient of resources to have cars be used most fo the day, rather than sitting idle.