Meanwhile in San Francisco: "Tina Lam and Michael Cheng snatched up Presidio Terrace ?? the block-long, private oval street lined by 35 megamillion-dollar mansions ?? for $90,000 and change in a city-run auction stemming from an unpaid tax bill."
"...private development that has been managed by the homeowners since at least 1905."
http://www.sfchronicle.com/bayarea/matier-ross/amp/Rich-SF-residents-get-a-shock-Someone-bought-11738236.php
This is in a Prime location if you wanna live in The City: @37.7884501,-122.4623677,325m/data=!3m1!1e3!4m5!3m4!1s0x8085872529f38af7:0x3b56539fd1e59445!8m2!3d37.7882626!4d-122.460805"> https://www.google.com.mx/maps/place/Presidio+Terrace,+San+Francisco,+CA+94118,+USA/ @37.7884501,-122.4623677,325m/data=!3m1!1e3!4m5!3m4!1s0x8085872529f38af7:0x3b56539fd1e59445!8m2!3d37.7882626!4d-122.460805
Peter Ehlert, post: 440617, member: 60 wrote: Meanwhile in San Francisco: "Tina Lam and Michael Cheng snatched up Presidio Terrace ?? the block-long, private oval street lined by 35 megamillion-dollar mansions ?? for $90,000 and change in a city-run auction stemming from an unpaid tax bill."
"...private development that has been managed by the homeowners since at least 1905."
http://www.sfchronicle.com/bayarea/matier-ross/amp/Rich-SF-residents-get-a-shock-Someone-bought-11738236.phpThis is in a Prime location if you wanna live in The City: @37.7884501,-122.4623677,325m/data=!3m1!1e3!4m5!3m4!1s0x8085872529f38af7:0x3b56539fd1e59445!8m2!3d37.7882626!4d-122.460805"> https://www.google.com.mx/maps/place/Presidio+Terrace,+San+Francisco,+CA+94118,+USA/ @37.7884501,-122.4623677,325m/data=!3m1!1e3!4m5!3m4!1s0x8085872529f38af7:0x3b56539fd1e59445!8m2!3d37.7882626!4d-122.460805
Oh my...don't members of the 'upper crust' get indignant when the rules are also applied to them. I would think one (of 120) parking spot might be worth 10K...netting the couple a cool 1.1 mil in a two year ROI. Not a bad return.
