We all know that property has dropped in value both at home and abroad thanks to the credit crunch and the economic gloom so I guess we shouldn’t be too surprised to discover that even the price of land on the moon has dropped significantly.

When you are short of money buying land on the moon might not seem a terribly important priority. There is no mention of getting mortgages or bank loans to make the purchase so I expect they use credit cards with their astronomically high interest rates instead. You can view a video report here http://media.watoday.com.au

I find it hard to imagine that these land claims will ever be validated if ever development does take place on the moon but the certificate would be an amusing talking point when framed and mounted on the wall.

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Filed under: The Lighter Side Of Money

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