Posted 12.18.2007 at 11:32 am
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Real estate prices may be dropping domestically, but on the Moon they're still climbing. The investment bank UBS released a report concluding that lunar land prices have risen 40 percent since the start of 2007. The costs vary, with some sources claiming the high was $37 per acre in December 2005 and others saying a chunk of land will cost you as little as $56.
Whether anyone will really be able to lay claim to these plots one day is a big question, but apparently that hasn't stopped people from buying them. The king of space real estate, Dennis Hope, of the Lunar Embassy USA, claims to have sold 3.5 million parcels on the Moon and other planets.—Gregory Mone
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PT Barnum would be jealous he didn't come up with this.
Hi,
This is Steven. I am new member to this site. Any information about the real estate please visit this site.
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steven7
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What the article isn't saying is what these houses are selling for. of course home sales numbers are up -
it's because in states like FL, 3-bedroom homes are selling for as little as $25,000 - so big deal the numbers are up. means nothing when they're selling for pennies on the dollar. kinda like the pawn shop.
http://www.luckymountainhome.com/