Imagine Cities

13 days ago

According to researchers, 16% of a housing unit’s is due to parking costs. This amounts to $1700 a year for the average renter.

If you’re renting a city apartment without a car, 16% of your rent pays for parking you don’t need

A whole generation of young workers are being priced out of renting (let alone, buying) in major cities. Parking deserves part of the blame, suggests a recent study.