It should be cheaper already if you place a non-zero value on your time.

Do people put a value on time when not doing value added stuff? When they go for a walk, do they instead run? Do they try to only meet up with friends who can return an investment on their time? Do these people not shoot the shit? Are they busy beavers at all times maximizing wealth?

These are all things that people find value in. Most people don't assign any value to sitting in traffic.

Shooting the shit could be precisely what they do instead of idling in traffic. Most people would prefer it.

The rumors are true, but you seem to have missed my point. Some people might prefer to communicate in person. You might not be one of them.

Most normal people put a very low value on their time, because they don't have any practical way to monitize an extra hour. It's just "free" time.

The supply demand curve might mean prices temporarily drop with demand, but that might put pressure on some parking to convert to other uses, which will then lower supply.