Skip to main content
Cato Podcast •

The High Cost of Mandatory Parking

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.

Featuring
M. Nolan Gray - cropped
M. Nolan Gray

Author

Caleb O. Brown

Former Director of Multimedia, Host and Executive Producer, Cato Daily Podcast, Cato Institute