The Man on the Moon may have some new neighbors by the end of the century. Property Management Insider recently learned that an anonymous group of developers believe that space is truly the final frontier for the next generation of multifamily housing development by building apartment communities on the moon.

A spokesman for the group, Thome O’ Mannon, said land is being acquired in “significant” parcels to develop several mid- and high-rise mixed-use communities at various locations on the moon in anticipation of future space colonization and possible rental housing shortages on earth due to over population.
NASA Making Lunar Real Estate a Reality

Until the current Administration recently shelved plans for colonization, Lunar habitation by 2020 was on NASA’s to-do list. Astronauts were to be frequently sent into space to create an outpost where they could study existing and future life, assuming that a sustainable oxygen supply could be found. Large, inflatable, and transportable habitation modules were built to give the lunar explorers a place to live.

O’Mannon says that initial plans, assuming sufficient oxygen supply is available, will include building multifamily housing modularly to minimize installation time. Units would be stackable and interlock with others, enabling a quick build of a multi-story housing facility.

The group has already created a marketing plan for “Moondular Units,” which would be built on earth and shuttled to the moon through the International Space Station.

“This is not far-fetched at all,” said O’Mannon. “Historically, housing has overcome many geographic issues within our planet. We now comfortably live in flood plains, in the desert, in areas where extreme weather and temperature or everyday occurrences. Texas for one. The moon is just the next chapter.”

Read more about property on the moon here: http://www.propertymanagementinsider.com/multifamily-moon-colonies.html