The Wealthy Pay Four Times More for a Parking Space than Working People Pay for a House

“Another $500,000 for the luxury of not walking a block or two and having your own spot,” the developer observed, “I guess it becomes a rounding error.”

The real error here? Letting wealth concentrate so extremely that some people of privilege are spending over four times more for a parking space than most Americans spend on a home. In this week’s Too Much: new research that offers the latest reason why tolerating this extreme inequality simply makes no sense.

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