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[ Modified Mon Sep 20 16:51:29 EDT 2004 ]
[ Modified Mon Sep 20 17:00:07 EDT 2004 ]
[ Modified Fri Oct 29 02:10:52 EDT 2004 ]
[ Modified Fri Oct 29 02:15:02 EDT 2004 ]
[ Modified Mon Nov 15 14:48:12 EST 2004 ]
[ Modified Mon Nov 15 15:00:31 EST 2004 ]

One nice thing about this version of the real estate business is that its in some ways less speculative than on land. A land developer must often risk a large chunk of money on a piece of land or a building. Because seasteads are modular and expandable, the developer can start small - like building a skyscraper a few floors at a time. If successful, profits can be rolled into further expansion. Since there is plenty of room on the ocean, this means no ceiling to the potential profits from the initial stake. This goes a long way to making up for the uncertainty due to the novelty of the seastead business [Hunting2001].

Source: http://seastead.org/commented/paper/market.html#One_nice_thing_about_this_version_of_the_real_esta

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[Fri Jul 15 10:42:29 PDT 2005-195] Mike Linksvayer (NOSPAMml@gondwanaland.com.NOSPAM):
"no ceiling ... initial stake" sounds like an infomercial. Sure there's plenty of room, but building additional seasteads will require additional capital.

The point about seastead real estate being less amenable to speculation is an interesting one.

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