$250,000 for an outdoor parking space in the Back Bay

That proves it: Some people have more money than brains
56% (76 votes)
It's an excellent investment
7% (9 votes)
I don't know what to say
15% (21 votes)
Don't live in Boston; this confirms why
22% (30 votes)
Total votes: 136

Comments

Background info

Sold: 1 open-air parking space in the Back Bay for $250,000.

Hmm, I wonder how much I could get for our Roslindale driveway? Sure, it's inconveniently located and the edges are buckling thanks to the trees on either side, but on the plus side, it is a safe neighborhood.

Carpundit, who had been in the market for another Back Bay space, notes that that amount would buy roughly 53 years of parking at the Prudential garage.

I'll start the bidding at

I'll start the bidding at fifty cents, Adam. Fifty cents for the parking space in the Roslindale driveway. Do I hear a dollar?

revenue stream

I have a three car driveway in Revere, blocks from the T stop. I allow my neighbors to park there for free. Am I missing a revenue stream here?

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