Are people really buying land on moon?
You will be shocked. News articles and the seller websites claim that the number of buyers is anywhere between 2 to 3.4 million people from over 176 countries. Over 300 million acre of lunar land has been sold so far and the number is rising fast. According to these websites, among their million plus clients are many hollywood celebrities, two ex-U.S. presidents, fifteen Star Trek actors, NASA employees and at least 250 very well recognized faces and celebrities. What are the current trends in the lunar real estate market? Unlike the US housing market, the land prices are ‘skyrocketing’ on moon. The cost (including the lunar tax) of a 18,000 acres plot was about $27 in 2000, but now we have to shell out approximately the same amount for just one acre. Of course, the most expensive plot in the “Sea of Tranquility” region of moon comes for nearly $40 an acre. I am poor in Math, but you can imagine the returns. But is selling land on moon legitimate? Here comes the big catch. All this tal