San Francisco parking spot sells -- for $82,000

[steve2470]

http://www.latimes.com/local/lanow/la-me-ln-san-francisco-parking-spot-20130613,0,7483852.story

SAN FRANCISCO -- What’s eight feet wide and 12 feet deep and sells for $82,000?

As it turns out, a parking spot near San Francisco’s AT&T Park.

The enclosed parking spot in a condo building in the South Park neighborhood is creating buzz in a town where the housing market is so hot most things fail to startle.

But San Francisco Chronicle columnist C.W. Nevius reports Thursday the parking deal might be part of a new trend. The spot was sold last week by Sean Sullivan, an agent with Climb Real Estate who had some experience: He sold another one in the same building for $95,000 during San Francisco’s last boom.

[arcane1]

1. This is why we can't have nice things

Or rather, we CAN have nice things, we just can't afford them

[Auggie]

2. A cash deal, too. Can't get financing for a parking space.

[cloudbase]

3. Two just went in Boston's Back Bay

for $560,000

http://www.boston.com/businessupdates/2013/06/13/tandem-parking-spots-sell-for/tsdqLBPRmQFEojy2US5vXO/story.html

[steve2470]

7. wow that's just insane, thanks for the link nt

[onehandle]

4. Time to close roads in major cities to cars, except for public transport and emergency vehicles.

Emperor Onehandle would make that his priority.

[unblock]

5. big deal. in new york city, the streets are paved with diamonds

and there's just so much to see:

[sad-cafe]

6. wow, my house didn't even cost that

of course I don't live in prime cities either

[mokawanis]

8. Reinforces my theory that a lot of wealthy people are idiots

I wouldn't pay that much for parking if I had Bill Gate's money. Dumbasses should make a phone call and find out what a monthly bus pass costs.

[hunter]

9. Yeah, I bet that created a lot of jobs...

"Trickle-Down" economics is a lie. The wealthy play with their money and the rest of us are screwed.

[Blue Owl]

10. Mitt Romney could turn that space into a double with one of his car elevators

n/t