> if there's demand for residences with parking spaces, developers will build them That's somewhat optimistic. In the absence of rules, developers will maximiz

> if there's demand for residences with parking spaces, developers will build them That's somewhat optimistic. In the absence of rules, developers will maximize their profit above all else. Apartment units are far more profitable than parking, so they'll just build the maximum units with no parking. I lived in such a neighborhood once. Result is 50 unit buildings with 4 parking spots. And the result of that? People driving around the blocks for hours looking for parking, fights breaking out over parking, cars constantly vandalized for taking over "their" spot. It was not fun.