Investors are paying millions for virtual land in the metaverse
An ASU real estate expert says he wouldn't put money into property in virtual worlds, certainly not if he cared about losing it.
An ASU real estate expert says he wouldn't put money into property in virtual worlds, certainly not if he cared about losing it.
In this story aired Jan. 12, 2022, on CNBC:
If it continues the way it’s going, it is most likely going to be a bubble. You’re buying something that isn’t tied to reality.
– Mark Stapp, executive director of the MRED program and Fred E. Taylor Professor in Real Estate
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