Buying houses is different, this is about buying up brands and business concepts. I can build a house and even copy another house brick by brick and no one is going to care or sue me. Domain names are unique brands and there are only so many grammatically correct variations out there and once someone has one it is gone. Im all for fair business practice but when people just sit on names in hopes of extorting them later or just making a few bucks on the side and barely even breaking even to keep the name this seems unfair to those who want the name and would like to start a business with good intentions.
Buying houses is different, this is about buying up brands and business concepts. I can build a house and even copy another house brick by brick and no one is going to care or sue me. Domain names are unique brands and there are only so many grammatically correct variations out there and once someone has one it is gone. Im all for fair business practice but when people just sit on names in hopes of extorting them later or just making a few bucks on the side and barely even breaking even to keep the name this seems unfair to those who want the name and would like to start a business with good intentions.