The Opportunity Cost of Parking Requirements: The Case of Silicon Valley Applied Research Projects
The project examines the opportunity costs of minimum parking requirements, to both housing supply and firm productivity, using Silicon Valley as a case study. Specifically, the porject examines how minimum parking requirements: (1) shape the locations and characteristics of new development, (2) distort the location of firms and weaken agglomeration economies, and (3) make driving less expensive.
P.I. Name & Address
Funding Source: Caltrans
Funding Amount: $77,257
Start and End Date: Februaru 1, 2019 to January 31, 2020