> 
> If your house is at 1 Blah Street, you can't sell that 
> discriptor to anyone, you can sell the associated asset and 
> the discriptor will go with it.  Some address discriptors 
> have a higher value than others such as in some parts of 
> major cities but it is due to the assets behind the 
> discriptor.  Domain names should be treated the same.

Actually you don't get to choose your postal address and assign it to
any house, nor typically can use choose any phone number in the
geographic range.   A postal address is more like an IP address - it is
used for routing.

A more accurate analogy would be to consider 13, 1300 and 1800 numbers
which are addresses that can be attached to particular locations.   They
are available from the ACMA by auction (similar to how auDA allocated
generic names), and it is possible to transfer the rights to those
numbers.

>From the ACMA site:
http://www.smartnumbers.com.au

"Rights of use (ROU) in relation to a particular smartnumber(r) may be
traded".

Note that with most telephones the numbers can be mapped to words.
E.g 1300 MOVIES, hence these are a fairly close analogy to domain names.

Regards,
Bruce