7 ms·

That doesn't sound reasonable. The figures I found say it's 2.5-30x the cost. https://www.fixr.com/costs/build-parking-garage https://www.fixr.com/costs/build-

• mikeyouse 3y ago
  And the real cost of building parking in a residential building isn't the cost of the concrete and painted lines -- but in the opportunity cost of not being able to build / sell more units in the space occupied by cars.
  • tivert 3y ago
    > And the real cost of building parking in a residential building isn't the cost of the concrete and painted lines -- but in the opportunity cost of not being able to build / sell more units in the space occupied by cars. It's obviously not that simple, because the US isn't a place where no one wants a car but everyone is somehow forced into getting one. I wouldn't live in a residential building with no space a car, and I'm not alone. I'd imagine that most buildings like that just create an externality, where the residents use parking elsewhere.