Comment by mattmcknight

It's not really market oriented, it's tragedy of the commons oriented, as developers will build the cheapest thing they can on the premise that new residents can use existing parking, resulting in a reduction of value for others utilizing those commons. By not having parking minimums, it allows developers to pass those costs onto surrounding residents. There are townhouse neighborhoods near me with nearly impassable streets, people crossing 4 lane roads, spreading into surrounding areas, having to walk over 1km to their home from their parking due to insufficient parking minimums. Everyone sees it is a giant problem now, but it is too late to fix. These minimums are there for a reason.