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This week's Eyedropper of "Artiste Parking" lends new insight (read: blind speculation) into artists' quality of living. Hint: Walking is more environmentally sound than having a car.

We're going to assume that the idea of artist parking is unnecessary since we are also assuming that the artist does not have a car. If he or she had a car, he or she would probably be living in it.
Judging from the makeshift "E," there's no car.
Presumably, the "E" was added to make the artist seem more refined…or French. It was likely made using the duct tape that also fastens the artist's cardboard home.
Thanks to David Stonesifer for the image.