EconPapers    
Economics at your fingertips  
 

Parking requirements as a barrier to housing development: regulation and reform in Los Angeles

Michael Manville and Donald C Shoup

University of California Transportation Center, Working Papers from University of California Transportation Center

Abstract: Residential parking requirements are an obstacle to the redevelopment of older buildings that predate the automobile age. Because these buildings cannot easily be retrofitted to accommodate required parking spaces, they often remain vacant, and a neighborhood attribute that should be an asset—beautiful old architecture—instead becomes an albatross. We exploit a natural experiment in the city of Los Angeles to show that removing parking requirements can help stimulate the conversion of old buildings into housing, and thereby help stimulate neighborhood revitalization as well. Our data also allow us to estimate the costs that parking requirements place on new inner city development, and to estimate the value of required parking to drivers.

Keywords: Social; and; Behavioral; Sciences (search for similar items in EconPapers)
Date: 2010-02-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
https://www.escholarship.org/uc/item/1qr84990.pdf;origin=repeccitec (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cdl:uctcwp:qt1qr84990

Access Statistics for this paper

More papers in University of California Transportation Center, Working Papers from University of California Transportation Center Contact information at EDIRC.
Bibliographic data for series maintained by Lisa Schiff ().

 
Page updated 2025-03-19
Handle: RePEc:cdl:uctcwp:qt1qr84990