Is Lunar Real Estate a Legitimate Investment?

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SUMMARY

The discussion centers on the legitimacy of investing in lunar real estate, specifically through the Lunar Embassy, owned by Dennis Hope. Since 1980, Hope has claimed ownership of the moon and other celestial bodies, marketing plots of lunar land to the public. Participants express skepticism about the viability of such investments, comparing them to novelty items like pet rocks. The conversation raises questions about legal ownership and the potential for lawsuits against such claims.

PREREQUISITES
  • Understanding of space law and the Outer Space Treaty
  • Familiarity with real estate investment principles
  • Knowledge of novelty investment trends
  • Awareness of intellectual property rights related to celestial claims
NEXT STEPS
  • Research the Outer Space Treaty and its implications for lunar property claims
  • Explore the market for novelty investments and their historical performance
  • Investigate legal precedents regarding ownership of celestial bodies
  • Learn about the business model of the Lunar Embassy and similar ventures
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Investors, legal professionals, and enthusiasts interested in unconventional investment opportunities, particularly in the realm of space and novelty markets.

Ivan Seeking
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I keep asking myself: Why do I work for a living?


A sign outside denotes this as the "Lunar Embassy."

"They ask if it is a real estate office," owner Dennis Hope says. "It is. It is just not for properties on Earth."

Hope, 55, is the celestial executive officer and self-described "head cheese" of the Lunar Embassy.

He has claimed ownership of the moon and all planets other than Earth since 1980.

http://www.reviewjournal.com/lvrj_home/2003/Sep-29-Mon-2003/news/22251899.html
 
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/sigh

Ok has anyone tried to sell blocks of "space" yet?

Can you say pet rock? This is one of those ideas that is so dumb it actually worked. Of course just anyone anyone could sue this guy and get a piece of that money...
 
I have a cube of empty space I'm willing to sell cheap, but I want to retain the mineral rights.

Njorl