Big Bucks for Parking
A parking spot in San Francisco’s South Beach neighborhood sold recently for $82,000. The 8- by 12-foot spot is in an enclosed garage in a condominium building near AT&T Park.
Now that’s lot of money for a rectangle of concrete, but real estate analysts confirm it’s a fair price and a good investment. I’ve been to San Francisco and seem for myself how tight parking can be, so for those with the cash, a reserved spot must be a terrific perk.
Maybe I’m not the only one who reads and article like this and shakes his head in dismay thinking “What has the world come to?” and then thinks “Well, I’d do the same if I lived in San Fran and had the wherewithal” and then goes to make a sandwich and forgets all about it.