Friday, May 15, 2015

CityLab: The High Cost of Residential Parking


"Every time a new building includes space for cars, it passes those costs along to tenants," according Eric Jaffe, author of a recently published article found on CityLab. Within the article, two interesting and worrisome charts cover:

1)  Housing Affordability Based on a Building's Parking Structure

2)  Spacial Cost of Residential Parking, by Structure Type.

For more information on parking controversies, see some of our recent blog posts below:

Businesses Old and New Have Plenty to Say About Portland's Central Eastside's Growing Pains

Parking Controversy, Expenses and Too Much Parking?

Are You Having Trouble Finding a Parking Spot? Fear Not, It Will Get Worse.

TED Talks: How to Reinvent the Apartment Building with Moshie Safdie