Thursday 15 September 2016

ANOTHER TITBIT ABOUT BOSTON

ANOTHER TITBIT ABOUT BOSTON

There are 45,000 on-street parking permits issued for the Beacon Hill area and only 8,000 parking spots. The solution was to build condos for cars. The first condo sold out. The initial asking price was $4,500 for a parking spot which was quickly bid up to $8,500. Some wise individuals bought more than one. Now they sell for - wait for it - $450,000 each! Our guide said: "worth more than their homes, in some cases".

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