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Media Center > Cranny Sells for $7 - Cranbourne Leader, New Zealand

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Cranny Sells for $7 - Cranbourne Leader, New Zealand

Jun. 27, 2007
Reporter: Dimitry Barber, Cranbourne Leader, New Zealand
Tags: Weblo.com, Virtual Real Estate Game, Virtual Property

Cranny sells for a mayor $7 - ‘‘I don’t know much about Cranbourne. I only bought it as an investment RAYDOYLE, virtual mayor of Cranbourne (pictured) MEET the ‘‘virtual mayor’’of Cranbourne. Sydneysider Ray Doyle ‘‘bought’’ the town last November for the paltry sum of $7 online at Weblo.com.

Mr Doyle said Cranbourne was one of 95 cities he now owned around the world as part of the virtual real estate game, which uses real money to buy virtual cities, states, properties and celebrities. The 33-year-old said Cranbourne caught his eye while he was browsing the website as a good investment property.

‘‘I don’t know much about Cranbourne. I only bought it as an investment in the hope it goes up in value,’’ he said. ‘‘So far I have only made a few cents from it. I haven’t received any offers as yet.’’ Weblo.com media relations director Colin Trethewey described the game as ‘‘Monopoly on steroids’’, with a virtual version of every city, state and property up for sale. Mr Trethewey said of more than 9000 cities that had been sold so far, Cranbourne had gone cheap. ‘‘England is on auction and Australians are among those bidding for the right to own England and become virtual king or queen. The current high bid is $US10, 650,’’ he said. All of which goes to show there’s one born every day.