Cato Daily Podcast

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. Hosted on Acast. See acast.com/privacy for more information.