>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 c

>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. Changes will more likely happen at the margin. I have no doubt that an apartment building with 1 space per 1br apartment instead of 1.5 would still be marketable at the top end.