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The 3 Levels of Wealth (EP.302)

Animal Spirits Podcast

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The Tax Exempt Status of Multifamily Housing

There is an estimated 700 million to two billion spaces in the US. In Los Angeles, for example, parking covers about 14% of the land area. Almost three quarters of carless renters have a parking spot included in their rent and they collectively paid $440 million a year for parking that they don't need. Buffalo eliminated minimum parking requirements and the city's population grew for the first time since the 1950 census.

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