domain names really are virtual real estate
Posted in domain names on January 24th, 2006I live in south florida, where real estate valuations have tripled in the past 5 years. It’s a blessing only to those developers and investors who had the resources and foresight to buy properties and hold them. Relentless immigration from Latin America, retiring boomers from up north, and the weakening dollar have all contributed to the increasing relative scarcity of the fixed amount of land squeezed between the everglades and the Atlantic.
Domain names, the virtual equivalent of real property, have been performing even better than their real counterparts. The .com TLD is the beachfront property that will always command the premium valuations. The already infamous sex.com online property (analogous to NYC’s Times Square in the real property marketplace) was sold recently for $14 million. I’m sure it’s worth much more.

