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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.

8 of 285 comments (clear)

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

    (see above)

  2. Yes by thebra · · Score: -1, Redundant

    (see above)
    MOD my other post down as I replied incorrectly..and MOD this one down for explaining why to MOD the other one down, thanks - mgmt

  3. 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?

  4. 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.
  5. what's new? by MagicM · · Score: -1, Redundant

    In other news, people appear to be shelling out large amounts of dollars for 'Virtual Real Estate' along the 'Information Superhighway'. Large amounts of actual dollars are spent on virtual concepts such as 'Domains'.

    Is there really a difference?

  6. faiLzors by Anonymous Coward · · Score: -1, Redundant

    took precede8ce

  7. Good-fucking-bye. by Saeed+al-Sahaf · · Score: -1, Redundant

    I'm sorry, but you can "flamebait" or "troll" me all you want. This is silly. If there was ever an excuse to say "get a life", this it it. Good-fucking-bye.

    --
    "Who are in control, they are not in control of anything - they don't even control themselves!" - Glen Beck
  8. P.T. Barnum was right by rlp · · Score: -1, Redundant

    Before you spend your money on virtual real estate, I've got a virtual bridge in virtual Brooklyn that I'd like to sell you.

    --
    [Insert pithy quote here]