Author ORCID Identifier
Document Type
Article
Publication Date
1-23-2017
Abstract
Local governments often see parking as an essential amenity to maintain competitiveness. Restrictive parking policy, therefore, could potentially deter investment and local development. This study examines the effect of residential parking restraints on multifamily housing supply in London, United Kingdom. We find that the effect varies with car ownership and usage levels. Restrictive parking maximums are associated with fewer multifamily housing developments in outer London but more developments in inner London, most of the latter being car-free developments. These results suggest that parking maximums may help restore the attractiveness of inner cities and promote smart growth.
DOI
https://doi.org/10.1177/0739456X16688768
Recommended Citation
Li, Fei and Guo, Zhan, "Do parking maximums deter housing development?" (2017). USI Publications. 74.
doi: https://doi.org/10.1177/0739456X16688768
Comments
Author Accepted Manuscript version of an article published by Sage Publications in Li, F., & Guo, Z. (2018). Do Parking Maximums Deter Housing Development? Journal of Planning Education and Research, 38(2), 183–197. https://doi.org/10.1177/0739456X16688768