It’s the Parking, Stupid (with Henry Grabar)
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The Externalities of Parking Rules in American Cities
Parking is obviously a direct cost, right? 10 to 20% of your rent is going into this required parking if the required parking is getting built. The other thing though, is that the neighbors do not want new people coming to the neighborhood if they're going to be parking their cars on the street. That concern is a major motivating factor in nimbiism and in saying no to new apartment projects. And you see it constantly.
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