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> because that raises the price of the house too much Yeah, demand will always consume everything that is free, but as soon as you put a price on something beh
by OldHand2018 6y ago
> because that raises the price of the house too much
Yeah, demand will always consume everything that is free, but as soon as you put a price on something behavior changes.
Owning a car costs money.
When I bought my condominium in the USA, I got two parking spaces in a garage with it. With only 1 car, I rent out the second space. 3 years ago, I could rent it for $350 per month. Now, I can get $200.
Around here, the condominium and the parking space are different tax IDs, so you can buy and sell them independently. A lot of buyers choose not to buy the parking space when they buy the condominium. You should assume that when your local builders are moving from 1:3 to 1:4, they are doing so in response to market demand for parking.
- bartvk 6y agoYou don't know city governments in The Netherlands :) The parking spot limit is prescribed by current building codes. Also, owners are not able to sell their spot, as this is also prescribed and further codified into the seller's contract. Do note that I just describe the current situation. I do agree with the fact that the amount of cars/parking spots needs to go down, to make a city more liveable. I don't own a car. I need one, to regularly visit clients and visit family. Thus, I have joined a car sharing initiative. However, it's about equally as expensive as leasing a new family car. I can afford this, but I recognize not everyone can. And I find this recognition is sometimes missing from the discussion.