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Quiz: Would You Pay $200,000 For A Parking Space?
Here’s a question for all you big city dwellers out there: How far would you go for a parking space? Some people in cities such as NYC, Chicago and Boston have gone as far as paying over $200,000 for a deeded parking space. Since property values in the city are always escalating and homes in popular cities are constantly in demand, people can sell these spaces at these kinds of prices and get away with it. But having your own personal parking spaces isn’t only about the convenience. -Continued: Click “Read More…†below Posted by Dani
People are stocking up on two or even three of these precious investments so they can rent them to other desperate parkers and make some money on the deal. Parking spaces in NYC go for about the same price per square foot as actual living space. Now, what kind of society holds equal amount of value between a roof over your head and a parking space? The answer is, people are so desperate they’d rather live in their cars in their own personal parking space than in an apartment that’s simply close to the subway. Honestly, wouldn’t it just be simpler to save your $200,000 and just take the bus?
Via: nytimes
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An Increasing Number Of U.s. Parking Garages Charge Suvs More Than Other Body Styles
If you’re an SUV owner or driver you should prepare to pay more for parking, as a strange practice is beginning to spread across the United States, especially in big cities with limited space. SUV and truck drivers are required to pay more for...
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Britain's Most Expensive Parking Space Offered For Sale For….
Every once in a while we learn about ridiculous prices for parking spaces and it inevitably makes one think that there’s something really wrong with the world we live in when a parking space is available to purchase for more than double the price...
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Two Boston Parking Spaces Sell For $560,000 During Bidding War Between Neighbors!
How much would you be willing to pay for a parking space you badly need? We’re guessing that, for most people, it can’t be $280,000 (€209,770). Yes, you read that right, a man in Boston paid $560,000 (€419,760) for two tandem...
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London Company Hires "van-sitters" To Double Park Its Cars And Run From Traffic Wardens
In most of Europe’s biggest cities, the lack of parking spaces is probably the most stressful aspect of being a driver. Not to mention the cost of parking or the fines for illegal parking, which can amount to £120 (€142) in London. The...
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Video: This Is One Of The Coolest Hidden Garage Spaces You Have Ever Seen
San Francisco one of those big, dense cities with very few parking spaces. In fact, in some areas of the city, parking can be more expensive than living space. Add to that the recent changes in the city code for adding garages that prohibit any extensive...
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