Morning Folks!!
EXACTLY 500 YEARS ago in 1513 Ponce de Leon found the fountain of youth in Saint Augustine, Florida. 500 YEARS ago this year.
What does that have to do with domains, domaining and domainers? Well I got an issue of Homes and Land and there it was. "Build your Dream House"
"Oceanfront lot with expansive Ocean and Intracoastal views located on the white sandy pristine Crescent Beach." $750,000
ok, so this oceanfront lot has been sitting there for 500 YEARS and still nobody has developed it. Nobody has built on it. But somebody has owned it. Many sombodies probably. It sold many times over the years and nobody built a thing and now it has a price of $750,000. And they call US squatters instead of homesteaders??
500 YEARS! How much was the first sale worth? The second sale? the third?
I DEMAND the owner do something with it! He is not using it. Somebody could put it to better use.
Pathetic argument huh? But these same TERMITES out there use that argument against bona-fide domain investors like you and me that foresaw what others did for HUNDREDS of years and THEY did not see it. Now they are angry and they are cheap and some are thugs and some have even been labeled as THIEVES by the governing body as they have been found GUILTY of REVERSE DOMAIN NAME HIJACKING!!
If we did it their way, then each of us could challenge this oceanfront land with a WIPO or NAF suit and claim some BOGUS rights and walk away with this Oceanfront lot with expansive Ocean and Intracoastal views located on the white sandy pristine Crescent Beach.
Simple!
So now those that don't even understand about investing in domain names know what a scum bucket thief looks like! And when they demand to know what you are going to do with your investment, you are not compelled to answer and in FACT it is none of their business. They can make an offer, they can suggest a joint venture, they can do lots of constructive things. But just like the landowner that would tell the guy passing by to go to hell if he was called a landsquatter, the domainer should be no different.
But an even bigger lesson!!
What is your life expectancy?
Consider that when you are buying KEYWORD .whatever's.
See you in the next life!
LSM
FWIW, myself and my family is from there.
Real estate in St Aug has been pretty solid, even through the downturn. People who are used to South Florida prices usually come here and shit their pants at what they can get for under 1mm… and without the South Florida bullshit.
MIami has action but St Aug has class.
Also, on that lot, I might avoid building in Crescent Beach. A bunch waterfront houses in the Summerhaven inlet because landlocked when mother nature decided to rearrange things after a storm. Docks running out in the sand… pretty funny, actually.
LSM
Ah, and PS. St Aug is the oldest city in the United States, not Florida.
In 65, my granddad bought three adjoining beach lots in Vilano Beach for $700 a pop. Direct oceanfront lots for SEVEN HUNDRED dollars. Wound up selling two in the 80s for six figures and we still own one but its crazy how the demand for quality never seems to go down.