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The US would rather make people homeless than build apartments without parking, study finds
(la.streetsblog.org)
this post was submitted on 03 Mar 2026
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Parking spaces don't 'cost' anything. The apartment building already owns the land. Anything after that is just a discussion on what the best use of it is. But they're not paying more for where they allow cars to park. And they're not paying less for where they allow people to live.
If the argument is that the space required to park a car is annually as valuable as the car itself then that just seems to promote the idea that we should be using those spaces for housing and not for cars.
I think I can see the point you're trying to make... but you're not.
The value of the land that the developer bought the land for is in how much money they can make from that. Otherwise, the developer wouldn't buy the property.