11/15/2005

Land for sale on the moon?

Today I came across an article that was truly "out of this world". According the moon article, Beijing Lunar Village Aeronautics Science and Technology Co., in China sold 49 moon acres, but has just come under fire from Chinese officials. While this seems crazy to me, who's to say that up the road people won't be able to buy their own little piece of "moon shine". Will there be a market for universal matter? Will the demand be inelastic, and will people be willing to put a price on something so one-of-a-kind? This article may seem unbelievable, but who knows what lie ahead.

5 comments:

Nate said...

If somebody is willing to pay money for something that is "out of this world" then I say go for it. There may be a market for this in ten years but for now I will stick to worrying about the booming real estate market on an accessible piece of land. My only question, who owns the moon and why would somebody buy something that really nobody owns?

Jasmine said...

Interesting article, but my first thought agrees with Nate. How can someone sell land on the moon when nobody owns the moon? That just doesn't make any sense to me. I think anyone who would do that is a fool and deserves to be parted with their money. To me, it sounds like the selling of pet rocks all over again, even if they are moon rocks.

taylor said...

I also agree with Nate. Who owns the moon to say that it is for sale and put a price on it? It sounds pretty ridiculous to me.

Bob said...

I agree with the crowd on this one. It sounds like someone got taken advantage of. I have seen some pretty absurd things being offered on e-bay, but buying a piece of property on the moon is ridiculous. I wonder if any of these expert investors are going to make a trip up to check out their recent investment. Maybe they can just continue on to Saturn to see if there are any prime properties selling for a good price there. I should get a list of those who have purchased a piece of the moon and sell them some of my beachfront property behind Ace Hardware on 200 east.

Dr. Tufte said...

This scam has been done by others before.

On the one hand, I suppose there is nothing wrong in someone buying a certificate of sale which is commonly known to have no value.

But ... on the other hand, it is an abuse to sell something to which one does not have clear title.