A Controversial Proposal continues . .

On Thursday, September 5, 2002, at 06:59 PM, victoriatangoman wrote:

> Anyways, this new land that will hit the market in 20 years may have
> some value today. A virtual land market can be established and
> people can bid for the right to own a piece of property after we
> build it.

There is an old saw in the real estate market that there are three
characteristics that affect the value of property: location, location,
and location. Right now the orbital location is a little less valuable
than the most northern parts of Canada and Russia, i.e., close to 0.
Only better transportation can change that.

The materials in one asteroid (the largest ) are sufficient to make
orbital space colonies with ~500 times the surface area of the Earth in
usable real estate. See http://lifesci3.arc.nasa.gov/SpaceSettlement/
for details.

Al Globus
CSC at NASA Ames Research Center
http://www.nas.nasa.gov/~globus/home.html