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$560,000 for 2 parking spots ?!

massachusetts precious commodity off-street space irs back taxes

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#1 Hum

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Posted 14 June 2013 - 22:07

BOSTON (AP) — Parking is such a precious commodity in Boston that one woman was willing to pay $560,000 for two off-street spaces near her home.

Lisa Blumenthal won the spots in the city's Back Bay neighborhood during an on-site auction Thursday held in a steady rain by the Internal Revenue Service. The IRS had seized the spots from a man who owed back taxes.

Blumenthal, who lives in a multimillion-dollar home near the parking spaces, tells The Boston Globe (http://b.globe.com/13KqntI ) she didn't expect the bidding to go quite so high for the spots she says will come in handy for guests and workers.

The record for a single spot in Boston is $300,000.

The median price of a single-family home in Massachusetts is $313,000.

from: The Boston Globe, http://www.boston.com/globe


#2 webeagle12

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Posted 14 June 2013 - 22:11

######? :s

#3 Gerowen

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Posted 14 June 2013 - 22:15

In 2010 they had an estimated 12,200 people per square mile, no wonder they're so valuable, people are practically living right on top of one another.

Edit: Source: http://en.wikipedia....ss#Demographics

#4 soldier1st

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Posted 14 June 2013 - 22:36

It must be nice to be rich.

#5 OP Hum

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Posted 14 June 2013 - 22:43

^ Yes, yes it is. :shifty:

#6 Growled

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Posted 25 July 2013 - 00:55

It must be nice to be rich.

They say it is. I guess I'll never know.