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this post was submitted on 11 Jun 2023
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Absolutely - I think there's some real estate mantra about how land is the only thing they're not making more of. Using 18 sq m of it for possibly storing one vehicle is a heck of a waste. I saw some stat that there's apparently 8 parking spaces per vehicle in the US - they need one at home, one at work, one at every mall that you might want to visit. So that's 144 sq m of asphalt for storing each car.
True re condo prices... it might work if there was competition and sufficient supply... but we all know that's not the case.