I don't understand this parking vendetta that's been going on subtlety in the forums. Is it coming from an inside joke or have I missed something (relatively new here)
Westfield's parking is free for some centres and free for 3.5 hours at the more busy locations. Weeds out the people that don't work in the centre from using the parking to go to their 9-5 and leave more car spaces open.
Employee's of the centre have staff parking which is $5 a day. Most employers reimburse this.
Surely parking not the reason for a 3.5% "crash" that seems ridiculous. I highly doubt the market would respond negatively to something that is bringing in more income at such little inconvenience.
Correct me if I'm off the mark, just trying to understand where you're coming from?
Ann: S&P DJI Announces September 2020 Quarterly Rebalance, page-11
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