Not sure whenever it's true, but when I've asked similar question on why our city (a relatively small town in Russia) has problems with parking space but no bui

Not sure whenever it's true, but when I've asked similar question on why our city (a relatively small town in Russia) has problems with parking space but no building designs still include underground parking lots, I was told it's economically infeasible as office and living space costs much more than parking one.