> It is, however, a great example of how non-market forces can create worse, environmentally inefficient, undesirable outcomes by submitting what should be priv

> It is, however, a great example of how non-market forces can create worse, environmentally inefficient, undesirable outcomes by submitting what should be private choices to mob rule. There is no evidence that this is the case though. The vast majority of new construction has always been targeted towards the top of the market, which in the case of Los Angeles means a need for parking spaces. The only clear case where the market would act differently would be in the case of commercial parking requirements, where a one sized fits all approach as exists today doesn't work as each neighborhood in LA drives a different amount.