This Little-Known Rule Shapes Parking in America. Cities Are Reversing It.

America is jammed with parking spots. Approximately 2 billion parking spots cover the country, enough to pave over the entire state of Connecticut.

Cities have built so much parking through a policy few people know: minimum parking requirements. Cities don’t just require parking spaces for nearly every office, mall, store, movie theater, bowling alley, restaurant and other buildings, those requirements often include a certain number of spots for every building.

These parking spots, at a cost of about $28,000 per spot, appear to reduce the supply and raise the cost of housing, so much so that a growing number of cities and towns — in both Republican and Democratic-led areas— are now reforming their parking rules.

Selected excerpt(s) and linked article courtesy of Nathaniel Meyersohn, cnn(dot)com
Royalty-free photo courtesy of Pixabay

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