Who think that MainStreet Real Estate is "Out" ; Domain Real Estate is "In"???


everyone here agrees ..... it's getting the public to start investing in virtual realestate to make it grow
If you had your choice of $1 Million in homes or domains under the condition that either are sold in 5 years, what would you pick?
If you had your choice of $1 Million in homes or domains under the condition that either are sold in 5 years, what would you pick?
If you had your choice of $1 Million in homes or domains under the condition that either are sold in 5 years, what would you pick?
I hate to be the only one to acknowledge this - but the Internet has been around for a generation. Land has been around before mankind was in existence. And even before we were civilized - territory was always important. Real Estate will always be important, as it always. Im not so sure you can say the internet will always exist in the same capacity it currently does.
I hate to be the only one to acknowledge this - but the Internet has been around for a generation. Land has been around before mankind was in existence. And even before we were civilized - territory was always important. Real Estate will always be important, as it always has. Im not so sure you can say the internet will always exist in the same capacity it currently does.
Most ridiculous.
How can you compare tangible values of real property
against someone's idea of a real estate domain name?
Of course, this is why the risk profiles associated with high end domains are immensely more dangerous, too. Yes, any given domain has a chance for exponential profits, but it's just that. A "chance". While the real estate mania drove home prices in many areas up to completely delusional levels, it was still quite regional in nature and there still are many areas where you can achieve a fantastic ROI in rental real estate right now, today.I would take domains. There are more possible factors that make the potential ROI many times higher. You don't have end users with houses.
Houses generally sell for certain price ranges in certain areas. With domains the x-factor is each domain is one of a kind. Anything is possible when you connect with the right potential end user.
Brad
Both real and virtual real estate are firmly "in" and will remain "in" for their useful lives, but neither is immune to market forces such as the present credit crisis. "Real" real estate is a super heavyweight asset class. Real estate sneezes and cars/domains/whatever catch pneumonia. The Mortgage Bankers Association (MBA) issued a press release on 28-May-2009 describing the state of the US mortgage market. The number of foreclosures started during Q1 2009 and the quarterly increase are at record highs. The Federal Reserve forecasts unemployment to peak mid-2010 and the MBA expects mortgage performance to lag the employment turn. Bargain hunters should be able to find blue chip properties, real and virtual, at fire sale prices for the next several quarters.Who think that MainStreet Real Estate is "Out" ; Domain Real Estate is "In"???
