A single parking space in a small beachside community in England has been put on sale for nearly $50,000, twice the town's average yearly salary. But some say the price is not unreasonable.
"The freehold site in The Stennack, measuring 11ft by 6ft (3.4m x 1.8m), is a short stroll from the town's beaches."
"In one road prices average more than £550,000 and estate agents were not surprised at the price for a car park."
"Local agent Chris Wood, vice president of the National Association of Estate Agents, said: 'If you can park your car you have an awful lot more freedom.'"
The space is on sale for £24,000, twice the average salary in the town.
FULL STORY: Parking space on sale for £24,000
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New Jersey Institute of Technology
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