How does LVT square away zoning laws that require commerical real estate to maintain vast parking lots that sit 50% unused?
But say there is an urban area that is 60% parking, by default LVT would probably make that uneconomical and the land owners would be incentivized to redevelop or sell.
A concrete example is I used to work at a warehouse in Boston as a teen that had hundreds of parking spaces… in one of the most housing constrained cities in the whole country in relatively prime real estate. I hope that lot gets turned into condos or something it would be a huge win for the city.