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Article #7523

privatly financed space colony

#7523
From: BEAUFAIT%CEBAFVAX.BITNET
Date: Mon, 11 Jan 1993 14:09
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Your figures seem fine but I see one problem. If you start saving at 20
you arnt ready to purchase a colony untill your 40. If it takes 10 years
from the time you start purchase untill you can expect delivery ,then the mean a
ge of the colonists will be 55 to 60. The moon may be a great place to spend
your old age and you could maybe live to be a hundred there but this isn't
proven yet. (And source of income) If you want to leverage your buy of a colony
you need a way to payback the morgage. If all your investors go to the moon
they wont have a proven source of income and all of ther planet side job
income will disipear.(accept maybe retirment benifits) And the banks at
least in the US frown on giving loans to anyone whos life expectancey is
shorter than the loan period. I hate playing the bad guy, your ideas have
merit and I will give it personal consideration, but you had beter think
of using a Japanese bank.(They are starting to give 100 year morgages to
families as aposed to individuals.) And youd better think about sending
your kids.
beaufait @cebaf2.cebaf.gov
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From: BEAUFAIT%CEBAFVAX.BITNET@VTVM2.CC.VT.EDU
Newsgroups: sci.space
Subject: privatly financed space colony
Message-ID: <C0p0uJ.65K.1@cs.cmu.edu>
Date: 11 Jan 93 14:09:44 GMT
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