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Posts: 152
In response to
"
Why? The spot (I'm assuming) is a plot of land now owned by the buyer. -- nm
"
by
JaxSean
The value is due to a scarcity of parking. If parking becomes more plentiful, the value drops.
Posted by
TWuG
Jun 11 '09, 12:58
Granted, they'll never be able to build enough garages to fill demand so the space will always have value.
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