Launching tomorrow in New York, D.C. and Boston, this U.K.-based startup is formalizing the practice of renting out one’s driveway, yard or sidewalk to drivers—you know, haven’t you ever gone to Virginia Beach for the Fourth of July? No? Okay well this reporter is from there, and people rent their driveways to tourists because parking is sparse.
You know where else parking is often sparse? New York City! But a press release identifies New York as a “heavy commuter cities where parking at places like train/bus stations can be an inconvenience and cost-prohibitive.”
Except people don’t have driveways here, so we’re not sure how this is supposed to work. Note to disruptive transportation startups from out of town: We have an intricate system here, and you should probably make sure you know how it works (cough, Uber).
The company says it has “been wildly successful” in the U.K., earning space owners more than $5 million and is backed by BMW’s i Ventures. “The Web site currently has over 150,000 registered customers in the U.K. and plans to triple its customer-base and space inventory internationally within the year,” says a press release.
It works like this: List your parking spot at ParkatmyHouse and provide users with details regarding price, location, availability and features (e.g. lighting, security). Drivers find, book and pay using the site. Rates for popular spots in the U.K. are around $10 to $30 per day.