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Buy oceanview 'property' in Hawaii, move in 10,000 years from now

Hawaii, USA

May 28, 2007

Buy oceanview 'property' in Hawaii, move in 10,000 years from now - Lo'ihi Development Co. will soon start offering oceanview lots that speculators won't even be able to stand on for many millennia. That's because they're currently submerged more than 900 metres below sea level - on an underwater volcano called Lo'ihi, located about 32 kilometres southeast of the Big Island. For an introductory price of $39.95, buyers will receive a brochure and a "deed," but much like Internet groups that claim to sell stars, they probably can't call themselves owners. A photo of the sales office is a raft in the middle of the ocean. Scientists don't really know when, or if, Lo'ihi volcano will break the surface of the Pacific Ocean. Many guess about 10,000 years, but it could be much longer than that.

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