Quote:
Originally Posted by PBlonde
I am absolutely applying some personal bias but there's a significant amount of people that I'm sure are in a similar position to me. The fact that there are only 743 fewer cars registered in Vancouver over that period suggests there's not a significant reduction in demand for cars. Looks like there are 283,807 personal vehicles in Vancouver alone as of 2025 per ICBC (not counting commercial) which is about 1 car for every 2.5 people. Still seems like a pretty significant amount of car ownership.
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We're still adding more parking spaces to the city in new developments, albeit at a lower proportion of the total units than in the past. And we've increased the population, (by about 44,000 from 2021 to 2025, if Stats Can estimates are accurate). But we have no more private vehicles in the city. That means developers are spending tens of thousands of dollars for every new parking space, while overall there's no additional demand for those spaces. It's no surprise that they aren't building as many spaces, because there's less demand than there was in the past. Presumably there's also more empty spaces in the buildings that were built in the past.
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