Re:Startup Stock Options – Why a Good Deal Has Gone Bad
by closeparen on Wednesday April 10, 2019 @01:05PM
(#19626664)
For precisely this reason, the most valuable real estate in Berkeley is BART parking. It's also (officially) not for sale at any price. You have to sit on the waitlist for a few years. I'm sure there's a black secondary market somewhere but I haven't found it.
BART is looking to eliminate all its parking, so this strategy won't work much longer. (They claim that the parking program doesn't bring in much revenue, but also refuse to charge a market-clearing price!)
Maybe the houses away from BART will get a little more affordable and those willing to walk 45 minutes or so will get a break. Or it'll end up like Sunnyvale where most of the "Caltrain" parking is actually provided by the City.
BART is looking to eliminate all its parking, so this strategy won't work much longer. (They claim that the parking program doesn't bring in much revenue, but also refuse to charge a market-clearing price!)
Maybe the houses away from BART will get a little more affordable and those willing to walk 45 minutes or so will get a break. Or it'll end up like Sunnyvale where most of the "Caltrain" parking is actually provided by the City.