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How minimum parking requirements make housing more expensive
How minimum parking requirements make housing more expensive
A growing consensus argues that minimum parking requirements (MPRs) make housing more expensive. This paper examines two claims from this discussion: (1) that MPRs discourage the construction of small units; (2) that the costs of building required parking are "passed on" to buyers and renters in the form of higher prices and rents. However, the mechanisms behind these two effects have never been made explicit in the literature. This paper proposes, for each claim, a plausible mechanism relying on the specific choices of housing suppliers and consumers. We propose that MPRs discourage small units because they eliminate the most profitable floorspace/parking bundle to supply to relatively lower-income households. We propose that parking costs may be passed on by reducing the supply of housing on offer at a given price.
·jtlu.org·
How minimum parking requirements make housing more expensive
Parking Benefit Districts
Parking Benefit Districts
Where curb parking is overcrowded, drivers who are searching for a rare open curb space congest traffic, pollute the air, and produce carbon dioxide. To avoid these problems, some cities have established Parking Benefit Districts that charge market prices for curb parking and spend the revenue to pay for public services on the metered blocks. A case study of Manhattan’s Upper West Side found that charging market prices for the currently unmetered curb spaces would eliminate 22 tons of carbon dioxide emissions per block per year and yield at least $1,025 per household per year to improve public services.
·journals.sagepub.com·
Parking Benefit Districts
The opportunity cost of parking requirements: Would Silicon Valley be richer if its parking requirements were lower? | Journal of Transport and Land Use
The opportunity cost of parking requirements: Would Silicon Valley be richer if its parking requirements were lower? | Journal of Transport and Land Use
We estimate the off-street parking supply of the seven most economically productive cities in Santa Clara County, California, better known as Silicon Valley. Using assessor data, municipal zoning data, and visual inspection of aerial imagery, we estimate that about 13 percent of the land area in these cities is devoted to parking, and that more than half of the average commercial parcel is parking space. This latter fact suggests that minimum parking requirements, if binding, depress Silicon Valley’s commercial and industrial densities, and thus its economic output. In an exploratory empiri...
·jtlu.org·
The opportunity cost of parking requirements: Would Silicon Valley be richer if its parking requirements were lower? | Journal of Transport and Land Use
How interventions in master plans affect public transport competitiveness versus cars: a case study of two small and two medium-sized city regions
How interventions in master plans affect public transport competitiveness versus cars: a case study of two small and two medium-sized city regions
(2021). How interventions in master plans affect public transport competitiveness versus cars: a case study of two small and two medium-sized city regions. Urban, Planning and Transport Research. Ahead of Print.
·tandfonline.com·
How interventions in master plans affect public transport competitiveness versus cars: a case study of two small and two medium-sized city regions
Will automated vehicles cut parking revenue? Not overnight, but cities should plan ahead
Will automated vehicles cut parking revenue? Not overnight, but cities should plan ahead
Researchers used Seattle as a case study to find the association between TNC trips and on-street parking occupancy. They found that up to a certain point, more Uber trips meant more parking occupancy. But model predictions show that once TNC trips reach about three times what they were in 2016, parking revenues will likely decline. The final report offers policy options to help cities plan accordingly.
·sciencedaily.com·
Will automated vehicles cut parking revenue? Not overnight, but cities should plan ahead
The impact of ride hailing on parking (and vice versa)
The impact of ride hailing on parking (and vice versa)
Investigating emerging transportation services is critical to forecasting mode choice and providing appropriate infrastructure. One such infrastructure is parking, as parking demand may shift with the availability of ride-hailing services. This study uses ethnographic methods—complemented with passenger surveys collected when driving for Uber and Lyft in the Denver, Colorado, region—to gather quantitative and qualitative data on ride-hailing and analyze the impacts of ride-hailing on parking, including changes in parking demand and parking as a reason to deter driving. The study also examin...
·jtlu.org·
The impact of ride hailing on parking (and vice versa)
Transport planning “bibles” overestimate car and parking needs, and this may be hurting smart growth development
Transport planning “bibles” overestimate car and parking needs, and this may be hurting smart growth development
Cars are, and will for the foreseeable future continue to be, an incredibly important component of our society. In new research Guang Tian looks at the models used by transport planners to determin…
·blogs.lse.ac.uk·
Transport planning “bibles” overestimate car and parking needs, and this may be hurting smart growth development