Is anyone involved? In Australia the trading of domains has only been permitted since June last year so it's a pretty new industry.
However things are gathering pace with tremendous ROI but hampered by a real lack of liquidity as there are so few players.
However just like bricks and mortar, this virtual real estate:
1) is in finite supply
2) can be rented (generally 'parked' with ads via Google)
4) bought and sold
So would you investment experts consider domain trading a bonafide (albeit extremely niche) industry? I'd very much appreciate some thoughts from a trader's perspective.
I'm talking .AU of course - I don't think there can be any arguments that many people have made millions investing in .COM over the years.
Thanks very much