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London most expensive city in the world for parking

London is the most expensive city in the world to park a car. That's according to new research from Colliers International, the first ever Colliers Global Parking Rate Survey. According to the new figures, leading the list of most expensive cities to park a car is London; both The City and West End. Monthly parking rates in The City topped the list at $1,167 (₤600) with the West End in second place at $1,136 (₤584). In third spot is Sydney Australia at $775 (A$825). Interestingly three Australian cities made the top ten; Brisbane at number five and Perth at number eight. Australia’s booming resource based economy and surging currency is the primary driver of these high parking costs. Daily parking costs show a similar pattern...[…]