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With ride sharing on the rise and the proportion of high school seniors possessing a drivers license at record lows, a recent study of parking sponsored by the Mortgage Bankers Association “reveals an investment in parking that is out of balance with the current demand for parking in almost all cases.” In Seattle alone, the value of land currently used for parking exceeds $35 billion, despite the fact that parking occupancy even in downtown Seattle has shrunk to 64%. The purple on these maps show surface parking spaces in Philadelphia (L) and Seattle (R). usa.streetsblog.org/2018/07/12/american-cities-are-drowning-in-car-storage/
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