Rich SF residents get a shock: Someone bought their street
Wah! They can’t have it! Wah wah!
Too bad so sad… Should have paid the 14$ you ass clowns!
I’m sure the new owners would take a “reasonable” offer to sell it back. Just add a few zeros.
Congratulations and God bless them! Any one of the homeowners could have snapped it up easily. Back taxes are brutal – tens of millions of Americans can tell you that firsthand.
Only the little people pay taxes.
Which brings up an interesting side issue.
Who was maintaining the privately owned street for these many years? Surely not the city as a quiet favour to influential vote whores living there and their equally well moneyed neighbours?.
Interesting. I didn’t know that a gated community’s streets could actually be privately owned. These real estate investors are quite brilliant. They saw an opportunity, reached out and grabbed it successfully. It’s the American Way! 😉
I gotta find me a street or two to buy…….
Here there are a number of reasons that people would want to privatize a street:
Install their own speed bumps
Create their own speed limits
Regulate their own trash pickup
Hire their own snowplow
And the most popular reason, control on-street parking and institute towing to enforce it. This also includes rules that limit or eliminate parking of homeowner’s work-trucks on the street.
I know all that. But thanks anyway.
Being California, how much will they be charging home owners for permission to install charging points for electric cars?
3 decades of failing to pay taxes? What took the city so long to sell it?