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yeah. real estate transactions are slow. virtual estate transactions should be fast. I do not know about the frequency, simply because the audience for the virtual estate is tiny. Even absolute liquidity is there now, one market crash, and this euphoria will settle down. I am quite optimistic about how this is even taking off. It is a great thing that there are takers for virtual estate. Prices can be questionable but that will settle down.
RE: Thought real estate in the the real world was expensive? Have a look at price in the Metaverse