Axe apartment car parking rules to ease housing crisis: Grattan
Grattan Institute says mandatory car parking rules for new apartments increase housing costs and should be removed to help address the housing crisis.
Should apartment car parking rules be scrapped to lower building costs?
Builders and developers could see reduced construction costs per unit, potentially increasing project margins and housing supply. May affect site planning and design requirements.
Key takeaways
- Mandatory off-street parking requirements for apartments are increasing new housing construction costs
- Grattan Institute recommends scrapping these parking rules to ease the housing crisis
- Removing parking mandates could reduce development costs and increase housing supply
- Changes would affect how apartment buildings are designed and planned
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