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The High Cost of Mandatory Parking

The High Cost of Mandatory Parking

Cato Podcast · Cato Institute

April 3, 202412m 48s

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Show Notes

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 M. Nolan Gray explains why markets are generally far better at setting the right mix.


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