Do We Want More Parking Spaces or More Affordable Housing?

The White House says parking regulations for developers are a barrier to affordable housing.

By Alain StephensOctober 6, 2016 11:39 am|

Houston, Dallas, San Antonio – every large city is scrambling to accommodate more urban occupants. For every person flocking to live in an apartment, condo or townhome, there needs to be a parking space. But that’s something more and more cities are struggling to provide.

The simple answer would be to build more parking lots, right? But the Obama administration says maybe more parking isn’t the answer.

Wired’s Aariane Marshall says parking has been a barrier to urban development in denser cities.

“We’re talking about New York, cities like Austin, cities like San Francisco,” Marshall says. “A lot of the time zoning laws will actually require that developers build some off-street parking every time they build a new development, but that actually, as I explained in my piece, takes up land that might otherwise be used to build more housing for more people.”

What you’ll hear in this segment:

– What the White House recommended to keep housing affordable
– How cities are building density
– What the future of parking might look like