Was it Chicago or Detroit that sold the rights to their parking meters for 75 years to a group of investors from Abu Dhabi, and after like 4 years they had already made back their money and just started jacking up the price of parking because they could. Also supposedly there is a clause in the agreement that makes it so the city has to pay excessively anytime they want to take away a parking space that the investors own. It’s literally insane that a city that size doesn’t just tell the investors to fuck off and sic the national guard on them.
Was it Chicago or Detroit that sold the rights to their parking meters for 75 years to a group of investors from Abu Dhabi, and after like 4 years they had already made back their money and just started jacking up the price of parking because they could. Also supposedly there is a clause in the agreement that makes it so the city has to pay excessively anytime they want to take away a parking space that the investors own. It’s literally insane that a city that size doesn’t just tell the investors to fuck off and sic the national guard on them.