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by CalRobert
852 days ago
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Parking minimums reduce the number of homes that can be built in a given area, thereby reducing the supply of homes, thereby denying people homes. You can build parking! Just don't force people to build it when price signals indicate housing is a more valuable use of said land. |
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Yes, of course it does. The goal ultimately is to create livable housing, not just pack the maximum numbers of units into a space without practical considerations. Everything is a compromise.
I mentioned above what happens when you build apartments without enough parking: Constant fights over parking, vandalized cars, people circling four hours looking for a spot.
> You can build parking!
Where?
You can't build parking after the fact into an apartment building. It had to be designed in before construction started. If the building is already done and doesn't have enough parking, it will never have enough parking. You'd have to tear it down and that's too disruptive and expensive, will never get done.
(I am assuming city blocks which are fully built-out already. If there's a bunch of empty land nearby there probably is no parking problem either so this is all a moot point.)
> Just don't force people to build it when price signals indicate housing is a more valuable use of said land.
Capitalism always seeks maximum profit, not a sustainable long term solution. In the absence of regulation the builder will maximize units, which is more profit. The problems that arise when new residents realize they won't find street parking only occur after the builder is done and gone, not their problem. They are very happy to externalize the problem to others.