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"Government meddling" is the primary reason parking is so cheap in the US. Typically the law requires a minimum amount of parking. People like myself who don't
by btrettel 8y ago
"Government meddling" is the primary reason parking is so cheap in the US. Typically the law requires a minimum amount of parking. People like myself who don't own cars tend to subsidize those who do.
I recall some sort of economic study that suggested rents would drop by hundreds of dollars per month if parking minimums could be eliminated. (No time to find it right now, sorry.) I'd take that, as right now my apartment gives me two parking spots that I can't do anything with. (A previous apartment manager complained when I used the spot for storage. Cars only, I guess. Renting to others would not be practical, either.)