The next property frontier

Taking a trip into space is not only limited by cost – tickets on a Virgin Galactic flight start at $878,470 – but also by the necessity to embrace an element of danger and to tolerate high g-forces.

Overcoming such challenges will open up opportunities for investment, real estate and the planet, says real estate company Frank Knight’s latest Wealth Report.

A matter of time

“Space is dangerous,” says Dr Nikodem Szumilo of the Bartlett Real Estate Institute, one of the first academics using data to explore the economics of space. “Yet it’s just a matter of time before more take on the challenge of this risky, high-octane destination. After all, people dive with sharks.