Quote:
Originally Posted by FarmerHaight
But the market will also dictate what is built. Underground parking spaces make the building more expensive, so luxury buildings with a parking stall for every unit may not get built in a slow housing market. However, you could still see a decent ROI on a low- or mid-market building in a slow economy if you are able to compromise on some of the more costly inputs, like underground parking structures.
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I don't know why parking spots are even a contentious topic. There are obviously people for whom the lack of a parking spot will be a deal breaker. There are others who will get along just fine without. Regardless, some people will purchase these units and be quite happy with transit and active transportation
