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Parking Minimums: Australian Waste of $5.2B
Published 5 days, 5 hours ago
Description
Australias parking policies are costing billions, with 86,000 new spots planned despite lack of need. Minimum parking requirements, dating back to the 1950s, are driving up housing costs and hindering affordability. The Grattan Institute proposes states override local rules and increase transparency in parking costs. Eliminating parking minimums could save billions, expedite construction, and make housing more affordable.
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