Make one's home and manage without parking (6)

I believe the answer is:

reside

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'make one's home' is the definition.
(synonyms)

I don't understand how the rest of the clue works.

(Other definitions for reside that I've seen before include "Stay - desire (anag)" , "Hang out with" , "Live (in a place)" , "Desire (anag) - to live" , "Dwell permanently" .)

I've seen this clue in The Everyman puzzle in The Observer.

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