What would cities be like if government didn’t enforce minimum parking requirements on builders? Miami is getting good results [Scott Beyer, Forbes] And on streetside: “The Tyranny of Free Parking” [Ike Brannon, Cato, related podcast]
What would cities be like if government didn’t enforce minimum parking requirements on builders? Miami is getting good results [Scott Beyer, Forbes] And on streetside: “The Tyranny of Free Parking” [Ike Brannon, Cato, related podcast]
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As someone who lived until recently in a city neighborhood that enforces parking-oriented development restrictions, I found this a case where good-government and libertarian concerns collide directly with self-interest. On the free market, we would have had to pay on the order of $8,000/year after taxes to park one car. That covers an awful lot of tax increases, and/or legal fees of the neighborhood association to protect the status quo…
The year I left, they allowed a high rise-apartment building on the condition tenants would *not* be eligible for resident parking. Supposedly, there is a market for affluent millennial who are happy to do without cars. Time will tell.