High priced real estate

xoxoxoBruce · 05-23-2004, 03:50 PM

We had a discussion of real estate prices going but I don’t remember where, so.......
Parking in most cities is tough. Boston is particularly bad because there was no plan, they just sent a paving machine to follow a cow.
Boston has a lot of parking garages that are like condos, you buy your space and pay a maintenance fee.
The Brimmer Street Garage on Beacon Hill just set a record for a 180 sq ft spot at $167,500. Since January of ’03, seven spots have sold there for more than $140k. Of course Beacon Hill is a high rent neighborhood, whereas the South End spots are only 39k to 100k, Tremont on the Common spots are 65k to 67.5k and the Back Bay (passed Fenway Park) are a paltry 25k to 50k.

wolf · 05-23-2004, 03:53 PM

Are the spots large enough to erect a shed to live in on them? Or one of those shipping containers?

farfromhome · 05-23-2004, 10:47 PM

Ralph Emphasizes and wonders...Obviously Cities like Boston WILL be high priced.Heres a phenomenon I am experiencing:Portland,Oregon.I guarantee you that housing costs are nearly as high as in cities like Boston,Chicago and NY.Because of a thing they have out here called an urban growth boundry.In the big picture its fantastic.There is no sprawl.But for a bluecollar worker like farfromhome it means being condemned to a life of apartments.Apartment living sucks.I'd rather be ...never mind.
Just so you know where I'm coming from.My three acres in Livingston County cost me 34k back in '84.Its almost paid for.Depending on how the divorce plays out,I will always have a place to call home.And its as pretty as homes costing $300,000 here.

05-23-2004, 03:50 PM	#1
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	High priced real estate We had a discussion of real estate prices going but I don’t remember where, so....... Parking in most cities is tough. Boston is particularly bad because there was no plan, they just sent a paving machine to follow a cow. Boston has a lot of parking garages that are like condos, you buy your space and pay a maintenance fee. The Brimmer Street Garage on Beacon Hill just set a record for a 180 sq ft spot at $167,500. Since January of ’03, seven spots have sold there for more than $140k. Of course Beacon Hill is a high rent neighborhood, whereas the South End spots are only 39k to 100k, Tremont on the Common spots are 65k to 67.5k and the Back Bay (passed Fenway Park) are a paltry 25k to 50k. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

05-23-2004, 03:53 PM	#2
wolf lobber of scimitars Join Date: Jul 2001 Location: Phila Burbs Posts: 20,774	Are the spots large enough to erect a shed to live in on them? Or one of those shipping containers? __________________ wolf eht htiw og "Conspiracies are the norm, not the exception." --G. Edward Griffin The Creature from Jekyll Island High Priestess of the Church of the Whale Penis

05-23-2004, 10:47 PM	#3
farfromhome Management Consultant Join Date: Nov 2003 Location: Portland,OR/Conesus,NY Posts: 166	Ralph Emphasizes and wonders...Obviously Cities like Boston WILL be high priced.Heres a phenomenon I am experiencing:Portland,Oregon.I guarantee you that housing costs are nearly as high as in cities like Boston,Chicago and NY.Because of a thing they have out here called an urban growth boundry.In the big picture its fantastic.There is no sprawl.But for a bluecollar worker like farfromhome it means being condemned to a life of apartments.Apartment living sucks.I'd rather be ...never mind. Just so you know where I'm coming from.My three acres in Livingston County cost me 34k back in '84.Its almost paid for.Depending on how the divorce plays out,I will always have a place to call home.And its as pretty as homes costing $300,000 here. __________________ When you ain't got nothing-you ain't got nothing to lose.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)