It requires and reinforces the dependence on cars in American cities. Parking especially is a huge space drain taking up land in expensive urban areas. Shopping areas are surrounded by huge amounts of land dedicated to parking, a requirement enforced by local ordinances. Then there's the uncaptured externalities like the damage to the environment and people's health. There's a lot of articles that cover this idea.

https://www.dmagazine.com/frontburner/2020/01/you-will-never...