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Virtual Real Estate Boom Draws Real Dollars

Posted by ryuzaki0 on from the virtual-taxman-still-evil dept.

An anonymous reader writes "According to a USAToday story, Second Life from Linden Labs is seeing a boom in virtual land trading. The article quotes a player as saying: 'My vision is to buy real estate in Second Life with one or two other investors and make it available to new players as a business', and it seems that 'Large swathes of undeveloped online property, some bearing an uncanny resemblance to a palm-studded West Coast beachfront idyll, are selling for up to $550 an acre.' Second Life uses OpenGL and Ogg-Vorbis running on a Linux grid." S!: We've previously covered Second Life on several occasions over at Slashdot Games.

2 of 285 comments (clear)

  1. Why? by thewldisntenuff · · Score: 5, Insightful

    I ask my fellow /.-ers, why? Why waste your money on "virtual real estate"? Are we all really this stupid?....

    Or is this spam gone wrong?

    --
    My MythTV HowTo
    1. Re:Why? by Angry+Toad · · Score: 5, Insightful

      I thought the whole deal with real estate was that "they stopped making it". Here they can make more ad infinitum. Perpendicularly if necessary.