CityLab: The High Cost of Residential Parking
“Every time a new building includes space for cars, it passes those costs along to tenants,” according Eric Jaffe, author of a recently published article found on CityLab. Within the article, two interesting and worrisome charts cover:
1) Housing Affordability Based on a Building’s Parking Structure
2) Spacial Cost of Residential Parking, by Structure Type.
For more information on parking controversies, see some of our recent blog posts below:
Businesses Old and New Have Plenty to Say About Portland’s Central Eastside’s Growing Pains
Parking Controversy, Expenses and Too Much Parking?
Are You Having Trouble Finding a Parking Spot? Fear Not, It Will Get Worse.
TED Talks: How to Reinvent the Apartment Building with Moshie Safdie
HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com