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by apendleton
870 days ago
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This is solvable with parking permit programs. Make street parking in those surrounding neighborhoods resident-only. And then people considering living in the "underparked" neighborhood who need parking will have no alternative but to select units that include parking, or live in another neighborhood (and if enough people opt not to live there, developers will include more parking to satisfy demand). This is a problem regular markets can fix: governments don't need to require developers to meet (or often, exceed!) what people actually want. |
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Factories that produce widgets can pretty quickly adjust the specs to changing demand. Houses don't work on that schedule.
If enough people want to buy a house but they need parking but those units don't exist, there is no way for developers to just change what's there to satisfy demand. That'll be a multi-decade effort.