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The US Has Too Much Parking, and It Might Be at the Expense of Affordable Housing

More Cities Look To Eliminate Parking Mandates To Create Housing, Walkable Areas
The Independent, one of the tallest buildings in Austin, Texas, sits on top of a parking platform. (CoStar)
The Independent, one of the tallest buildings in Austin, Texas, sits on top of a parking platform. (CoStar)

There are about 2 billion parking spaces in the United States, a country with about 350 million residents. That equates to about six parking spaces for every U.S. citizen, leading some to say the country has an oversupply of parking.

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