If markets demand parking, it will largely be provided. In so many cases, however, it's governments setting the rules for how much parking must be provided for new housing or commercial ventures. Requiring all that parking raises costs and make lots of unique development unaffordable. Author&nbsp;<a href="https://www.amazon.com/Arbitrary-Lines-Zoning-Broke-American/dp/1642832545" rel="noopener noreferrer" target="_blank">M. Nolan Gray</a>&nbsp;explains why markets are generally far better at setting the right mix.</p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

Cato Daily Podcast

Cato Institute

The High Cost of Mandatory Parking

APR 3, 202412 MIN
Cato Daily Podcast

The High Cost of Mandatory Parking

APR 3, 202412 MIN

Description

If markets demand parking, it will largely be provided. In so many cases, however, it's governments setting the rules for how much parking must be provided for new housing or commercial ventures. Requiring all that parking raises costs and make lots of unique development unaffordable. Author&nbsp;<a href="https://www.amazon.com/Arbitrary-Lines-Zoning-Broke-American/dp/1642832545" rel="noopener noreferrer" target="_blank">M. Nolan Gray</a>&nbsp;explains why markets are generally far better at setting the right mix.</p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>