YES you heard that right, VIRTUAL FUCKING REAL ESTATE!!!!!!!! Here is just another story that baffles me to no end. If this is where the "real world" is headed there are major problems ahead. Why is the government wasting trillions of dollars to create jobs when people can support themselves buying and selling virtual properties. Does anyone understand that this is NON-EXISTENT LAND. "He runs a virtual âgame preserveâ and taxes virtual hunters on his land." HE runs a "VIRTUAL GAME PRESERVE" and "TAXES" "VIRTUAL HUNTERS" on his "LAND" Wow is this a fucked up system or what, paying taxes in a virtual world. Maybe this is where the next asset bubble is..... Bloke pays $26,500 for non-existent island Strokes Schroedinger's cat 22 Feb 2010 | by Nick Farrell | posted in Internet Bloke pays $26,500 for non-existent island - A bloke has shelled out $26,500 for an island that does not exist and now it makes him $100,000 a year. An Aussie, David Storey, 27, has entered the Guinness World Records book for paying the most for a valuable object which is virtual. Storey runs Amethera Treasure Island, which he purchased in the virtual world Entropia. He runs a virtual âgame preserveâ and taxes virtual hunters on his land. While it sounds daft to us Storey claims to bring in more than $100,000 in real money per year. He said he thought it would be âcool to own an islandâ, and I knew I could run it and be able to pay for my play" says Storey. Storey added that Entropia continually evolves, so you have to constantly be watching for new developments. "It's sort of like real life." Only in real life if you try to flog something that does not exist do you end up being labelled a physicist.