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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.

3 of 285 comments (clear)

  1. Yes by thebra · · Score: 0, Redundant

    (see above)

  2. P T Barnum was right by Roadkills-R-Us · · Score: 0, Redundant

    Only he didn't go far enough.

    There are suckers, and then there are SuperSuckers[tm].

    Where can I buy stock in this phenomenon?

  3. Second Life Online by Tha_Big_Guy23 · · Score: 0, Redundant

    Maybe their webserver will have a second life online after the slashdotting it's receiving right now.

    --
    If you're looking here for something insightful or thought provoking, you're probably looking in the wrong place.