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Old 05-10-2012, 02:00 PM
 
Location: Baltimore
1,759 posts, read 4,488,810 times
Reputation: 1194

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Let's say hypothetically you could purchase land on the Moon, Mars or somewhere else outside of Earth. For this instance, let's use the Moon, which we have subdivided into 1 acre square plots. All traditional real estate rules apply, including ground and air rights. For this exercise, you are a traditional home owner that would buy a property on the Moon to live in. Once established, you would be free to sell your property, acquire more land or lease the space. No pun intended. Let's assume that the technology is there and the cost to build a home on the Moon is comparable to construction costs here and there are builders eagerly waiting to help you build your Moon home. Basically everything is comparable to Earth, for simplicity sake.

For sake of argument and treaties aside, you and anyone else are allowed to do this but has to be funded out of pocket, including getting there and back and any development. For this exercise, let's assume that commercial space travel has become viable, albeit expensive so the homeowner would not need to build a rocket ship to get there and back. Let's also assume that we can build homes on the Moon and established the necessary infrastructure to maintain life, albeit in a very harsh environment.

How do you think this real estate would be valued if you are the second buyer of the property? Is it worthless, because most of the population can't go there or very expensive because of the exclusivity and novelty? Let's say that in the first go around, there was a Moon land grab and anyone could acquire Moon property and all of it is titled to individual owners.

Again, the assumptions are:

-You and anyone else can purchase land on the Moon
-You would be a homeowner, although this could be a vacation home
-Technology and infrastructure exists to make building a home comparable to Earth homes
-Private companies provide space travel to the Moon and back
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Old 05-10-2012, 02:58 PM
 
Location: Brooklyn New York
15,741 posts, read 25,535,685 times
Reputation: 21162
I wonder if there will be an HOA on the moon that will not allow me to have a clothesline in my crater.
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Old 05-10-2012, 03:43 PM
 
Location: ๏̯͡๏﴿ Gwinnett-That's a Civil Matter-County
2,117 posts, read 5,418,693 times
Reputation: 3518
I don't know if you were aware of this but there's already lots of places selling land on the moon.
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Old 05-10-2012, 04:09 PM
 
Location: Sinking in the Great Salt Lake
13,146 posts, read 19,476,319 times
Reputation: 14022
Quote:
Originally Posted by davecj View Post
Let's say hypothetically you could purchase land on the Moon, Mars or somewhere else outside of Earth. For this instance, let's use the Moon, which we have subdivided into 1 acre square plots. All traditional real estate rules apply, including ground and air rights. For this exercise, you are a traditional home owner that would buy a property on the Moon to live in. Once established, you would be free to sell your property, acquire more land or lease the space. No pun intended. Let's assume that the technology is there and the cost to build a home on the Moon is comparable to construction costs here and there are builders eagerly waiting to help you build your Moon home. Basically everything is comparable to Earth, for simplicity sake.

For sake of argument and treaties aside, you and anyone else are allowed to do this but has to be funded out of pocket, including getting there and back and any development. For this exercise, let's assume that commercial space travel has become viable, albeit expensive so the homeowner would not need to build a rocket ship to get there and back. Let's also assume that we can build homes on the Moon and established the necessary infrastructure to maintain life, albeit in a very harsh environment.

How do you think this real estate would be valued if you are the second buyer of the property? Is it worthless, because most of the population can't go there or very expensive because of the exclusivity and novelty? Let's say that in the first go around, there was a Moon land grab and anyone could acquire Moon property and all of it is titled to individual owners.

Again, the assumptions are:

-You and anyone else can purchase land on the Moon
-You would be a homeowner, although this could be a vacation home
-Technology and infrastructure exists to make building a home comparable to Earth homes
-Private companies provide space travel to the Moon and back
I already own the moon. I plan to charge admission but otherwise keep it as a nature preserve for moon rocks.
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Old 05-11-2012, 08:21 AM
 
Location: West Egg
2,161 posts, read 1,687,893 times
Reputation: 1278
Quote:
Originally Posted by cittic10 View Post
I don't know if you were aware of this but there's already lots of places selling land on the moon.
No. There may be some who claim to do something similar, but it would help to read the fine print. The Treaty on Principles Governing the Activities of States in the Exploration and Use of Outer Space, including the Moon and Other Celestial Bodies sets aside all all extra-terrestrial territory for the "common heritage of mankind". Signators include every power that has every orbited a satellite. Dubious as their jurisdiction over the moon may be, it's a lot more solid than that guy with a website and a leased space in a strip-mall who wants to sell you 10 acres of beachfront property on the lovely Sea of Tranquility!
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Old 05-15-2012, 10:52 PM
 
2 posts, read 2,811 times
Reputation: 10
Default Real estate in space

how to possible real estate in space?
please tell me.
Thanks.

http://01objects.com
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Old 05-15-2012, 10:56 PM
 
2 posts, read 2,811 times
Reputation: 10
[url=http://01objects.com]01Objects | Software House & IT Trainings In Faisalabad, Pakistan | Providing Instant IT Solutions[/url]
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