You know, it does not need to be a one size fits all regulation, and at least where I live it isn’t. You get all kinds of exceptions for lowering the amount, like how good is the object connected to public transit, you can swap car parking for additional bicycle parking etc the actual location plays a big role in how much car parking is required in the first place.

The regulators rightfully expect a certain amount of people having cars and place the burden of finding the space and money for it on the developer.