ST Alpha - "City folk are crazy." (Reading a Post)

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In response to "SITWAP: New record set in Boston for the price of a parking spot. -- (link)" by TFox

City folk are crazy.

Posted by JaxSean (aka JaxSean) Jun 11 '09, 12:50

If it costs that much to park, it's time to move.

Responses:

Here's what I'm wondering: Wouldn't the buyer be totally screwed if someone decided to simply build a structure nearby? -- nm - con_carne Jun 11, 12:52 13
- good luck getting the zoning approval to build a parking garage in the middle of Back Bay. -- nm - znufrii Jun 11, 12:57
- Why? The spot (I'm assuming) is a plot of land now owned by the buyer. -- nm - JaxSean Jun 11, 12:54 11
  - Just that the space's value would go down. Or, if a bit of space were cleared for spaces, no? -- nm - con_carne Jun 11, 12:58 2
    - It's hard to imagine them knocking down buildings for parking. - JaxSean Jun 11, 12:59 1
      - especially in that neighborhood. -- nm - znufrii Jun 11, 13:02
  - The value is due to a scarcity of parking. If parking becomes more plentiful, the value drops. - TWuG Jun 11, 12:58
  - I doubt it. I bet the buyer simply owns the rights to park there. -- nm - Subversive Jun 11, 12:56 6
    - That would kick the "that's crazy" quotient a lot higher for me, then. -- nm - JaxSean Jun 11, 12:58
    - i haven't read the article but i bet he owns the space. -- nm - Andie Jun 11, 12:57 4
      - The article doesn't make clear which he owns. I just find it amusing that cities let land get chopped up that small and sold off. - TWuG Jun 11, 13:01
      - It doesn't really say. -- nm - Subversive Jun 11, 12:59 2
        
        well, here you do. -- nm - Andie Jun 11, 13:00 1
        
        Yes, that's just my gut feeling on the matter. -- nm - Subversive Jun 11, 13:02
of time to take public transit. - ty97 Jun 11, 12:51 7
- In some cities, that's not a very good option. - the wrong element, bad guy Jun 11, 12:54 4
  - people bitch about public transit systems the way they bitch about traffic. - ty97 Jun 11, 12:57 3
    - I would use it in all the places you mentioned. - the wrong element, bad guy Jun 11, 13:21
    - If you can afford $300,000 for a parking space, I'm thinking public transit is not even on the radar. -- nm - Subversive Jun 11, 13:00 1
      - true, I'm not providing advice to the rich and crazy here. - ty97 Jun 11, 13:02
- *ding* -- nm - znufrii Jun 11, 12:54 1
  - there's 1 bus here... for all routes.. -- nm - colin Jun 11, 13:09

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City folk are crazy.

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