Forget Parking Spots! Give tenants Transit Passes!

After decades of telling residential developers to build a minimum amount of parking for tenants, smart cities are now looking for ways to discourage the creation of unnecessary spaces. That’s because while some people enjoy the amenity of a personal spot, residential parking also makes housing less affordable (by jacking up rents to defray the cost of building a garage or a lot) and makes traffic more awful (by encouraging commuters to drive to work). It's a small win for a large loss.

Read the full article HERE on CityLab.com