Growth in China’s car ownership drives parking space shortage

supermarket parking

These cars lined up outside a supermarket, waiting for someone to leave and open up a space.

Finding a parking spot in China is now an expensive endeavor. Homebuyers in China are learning that too many cars means too few parking spaces.  If you think the price of putting a roof over your head has soared, wait until you try to secure a parking space for your car.

 

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Floating Car Parks

Floating Car Parks 

 Floating Car Park Planned For Moscow

In the city named after its river, the Moscow powers that be are dealing with a rapidly rising number of vehicles that is currently near four million. The figure keeps rising against the one million parking spaces that are now available, constantly aggravating the situation. According to news sources, 600,000 of these parking spaces are in parking lots and the rest (400,000) are in various garage complexes. Authorities are desperate to accommodate these vehicles and have developed a new way of making lemonade from lemons: namely, using the Moscow River area for the development of floating car parks.

Continue reading… “Floating Car Parks”