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Moopf Murray
Moopfmerising
Join date: 7 Jan 2004
Posts: 2,448
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10-02-2004 06:57
I generally check GOM every day, especially recently with the drop in the value of the L$ in recent days, but I'm seeing something today that I'd not noticed before (maybe I just missed it?) and that is that the Wanted list is showing really low demand.
There are a quite a few entries in the Wanted list but look at the values of what's wanted L$250, L$1K, 2K, that sort of thing. Only when you get down to the really low wanted prices do you see demand for L$10k etc. but even then there don't seem to be many of them. Certainly comparing Wanted and For Sale there appears to be a massive glut of L$ on the market with very little demand.
Looks like it's really turning into a buyer's market now.
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Beau Perkins
Second Life Resident.
Join date: 25 Dec 2003
Posts: 1,061
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10-02-2004 07:24
Land prices seem to have risen again slightly, this should create a temporary demand. New sims coming, I think the next few months we will see the market flip flop back and forth as much as both presidential candidates do.
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Moopf Murray
Moopfmerising
Join date: 7 Jan 2004
Posts: 2,448
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10-02-2004 07:28
From: someone Originally posted by Beau Perkins
Land prices seem to have risen again slightly, this should create a temporary demand. New sims coming, I think the next few months we will see the market flip flop back and forth as much as both presidential candidates do. I wonder why land prices have risen again - I mean, with all the new sims added there doesn't really appear to be a shortage of land for sale, so I wonder why that is. I think you're right on the market being unstable over the near term, that certainly seems to be what's happening. |
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Beau Perkins
Second Life Resident.
Join date: 25 Dec 2003
Posts: 1,061
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10-02-2004 07:41
You know what, I think someone with a lot of $L cashed in late yesterday. Last time I checked the market there were many more people looking to buy.
IGE maybe?
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