vish122 / sent news
In Houston, $225,000 will buy a three-bedroom house with a game room, den, in-ground pool and hot tub.
In Manhattan, it will buy a parking space. No windows, no view. No walls.
While real estate in much of the country languishes, property in Manhattan continues to escalate in price, and that includes parking spaces. Some buyers do not even own cars, but grab the spaces as investments, renting them out to cover their costs.
|
tags:
rising prices
all
|
category:
LetsDiscuss
| Add this link to...
| tell a friend
| bakwaas
Add to:
| my favorites / bookmarks