Current Events > What do you think of virtual real estate?

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Pepys Monster
01/31/22 2:05:22 PM
#1:


Real life real estate is finite. Isn't virtual real estate infinite? How is it supposed to increase in value if developers can keep making more?

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MedeaLysistrata
01/31/22 2:06:14 PM
#2:


Think of an MMO

They can add areas, but the best farming spots are still the best farming spots.

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AceMos
01/31/22 2:07:01 PM
#3:


its just a scam it has no value


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Alucard188
01/31/22 2:07:45 PM
#4:


Shit, if you want to escape to a virtual neighbourhood, just by The Sims.

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sellerdore
01/31/22 2:07:52 PM
#5:


the book Snow Crash deals with this issue pretty interestingly. IIRC, there's like a central "band"/"road' that extends infinitely in both directions, and then virtual real estate branches off of it, also infinitely. But properties that are closer to the central band are more valuable

It's been a while since I read it, so may be getting the details wrong, but it was very cool

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Giant_Aspirin
01/31/22 2:08:19 PM
#6:


you mean like domain names?

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Jiek_Fafn
01/31/22 2:08:28 PM
#7:


Artificial scarcity
Just like irl. If we wanted to live under the sea or on the moon we could. Big real estate will never let that happen though.

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AceMos
01/31/22 2:09:22 PM
#8:


Jiek_Fafn posted...
Just like irl. If we wanted to live under the sea or on the moon we could. Big real estate will never let that happen though.
uh no we could not we do not have the technology for that

we may never have the technology for that

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Pepys Monster
01/31/22 2:10:03 PM
#9:


Jiek_Fafn posted...
Artificial scarcity
Just like irl. If we wanted to live under the sea or on the moon we could. Big real estate will never let that happen though.
You don't think a real estate company would like to make luxury apartments on the moon, or at least a very expensive hotel and casino?

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Alteres
01/31/22 2:10:48 PM
#10:


We do actually, its just not cost effective.

*edit, @ ace

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JuanCarlos1
01/31/22 2:11:04 PM
#11:


MedeaLysistrata posted...
Think of an MMO

They can add areas, but the best farming spots are still the best farming spots.


Right. A billboard in Mor Dhona would be much more valuable than one in the middle of eastern Thanalan.

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Dakimakura
01/31/22 2:12:52 PM
#12:


Based on FFXIV, it is easier to get a house in real life than in the virtual world.

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WingsOfGood
01/31/22 2:12:57 PM
#13:


Ffxiv housing is finite.
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Eramir
01/31/22 2:13:20 PM
#14:


Won't buy it unless it's a NFT gotta make money
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eston
01/31/22 2:13:32 PM
#15:


Virtual real estate sounds like an oxymoron

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MedeaLysistrata
01/31/22 2:20:09 PM
#16:


JuanCarlos1 posted...
Right. A billboard in Mor Dhona would be much more valuable than one in the middle of eastern Thanalan.
"Still early game so we don't want them"

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Questionmarktarius
01/31/22 2:21:05 PM
#17:


"virtual real"
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