Virtual Real Estate: Building on an Imaginary Foundation


No less true today than it has been since the notion of private property became one of the main pillars of Western society, investing in real estate is one of the most popular means of amassing wealth. Now, a new breed of “virtual” real estate investors and developers is emerging. Massively multiplayer online role-playing games and virtual worlds, such as Second Life, “EVE Online,” Habbo, MapleStory and “World of Warcraft” are the next step in “network intermediated” social and economic interactions.

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Virtual Real Estate: Building on an Imaginary Foundation

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