Parking is real estate and drivers seem to think they deserve more of it–at incredibly low prices.
American Cities Are Drowning in Car Storage
Groundbreaking research presents credible estimates of the total parking supply in several American cities, and it’s not pretty.
“Parking spaces are everywhere, but for some reason the perception persists that there’s “not enough parking.” And so cities require parking in new buildings and lavishly subsidize parking garages, without ever measuring how much parking exists or how much it’s used.”
Read more…
https://usa.streetsblog.org/2018/07/12/american-cities-are-drowning-in-car-storage/