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Meet the man who’s been selling land on the moon for 30 years

Dennis Hope has been selling properties on the moon since 1980.

Interestingly  5.7 million people have bought from him, purchasing up to 200 of his properties a day.

In this video interview he explains he saw the opportunity to sell property on the moon after considering the 1967 Outer Space Treaty. 

The treaty, which is the basis for international space law, has no explicit restrictions on individuals owning satellite bodies beyond Earth.

Struggling for money after a divorce, Hope filed a declaration of ownership with the United Nations. After failing to receive any ‘legal problems’ with his claim, he launched a brokerage to sell lunar real estate.

Since then he has sold roughly 600 million acres on the moon, charging US$24 a property. Buyers have come from 193 countries.

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Many of the sales have become gifts, others were purchased for novelty value, Hope said.

“Even if you own land on the moon, there’s the opportunity to think, ‘Maybe someday. Maybe I won’t make it, maybe my kids won’t make it, but maybe my grandkids will be able to go up there and utilize the property.'”

He added that he now has plans for a “lunar embassy”, which will have embassies for every government on Earth and some additional governments too.

It will include “some of the non-Earth based governments that we are in touch with occasionally, which I can’t speak about too much, but they are here, and they are in existence, and they have embassies there as well,” Hope said.

In the Times documentary, written and directed by filmmaker Simon Ennis, Hope also reveals that he believes he is an honest businessman.

“This is as real as any properties you can buy on earth,” he said. “I’ve been called a crook, a fraud, a scam artist. I’ve never seen myself that way at all.

And it’s not that I’m the brightest person in the block or anything like that, it’s just that I had an idea, and I’ve followed through for the last 30 years.”

Source: Curbed



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Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


'Meet the man who’s been selling land on the moon for 30 years' have 3 comments

  1. Avatar for Property Update

    May 10, 2013 @ 9:22 am Anonymous

    Greetings! This is my first comment here so I just wanted to give a quick shout out and say I really enjoy reading your blog posts.
    Can you recommend any other blogs/websites/forums that go over the same subjects?

    Thanks for your time!

    Reply

  2. Avatar for Property Update

    January 28, 2015 @ 5:26 pm Aamiya

    Today, it will be possible for anyone and everyone to own a piece or acres of land on the moon as a gift. I think it will be the best gift any special occasions.

    Reply


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