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How low can you go.........

Chris Norse
Loud Arrogant Redneck
Join date: 1 Oct 2006
Posts: 5,735
08-24-2007 13:00
From: Gareee Taov

and maybe start making soem resident only sims, with commerical use restrictions.

)


They already have these, they are called private islands. Leave my mainland alone.
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Ciaran Laval
Mostly Harmless
Join date: 11 Mar 2007
Posts: 7,951
08-24-2007 13:02
From: Carl Metropolitan
Shipper, SL land prices are finally getting back to their historic normal levels. You had the misfortune to join SL during the begining of a big land price bubble.


I joined during the boom and bought land during it. As I'm not looking to sell any of my mainland at the moment I'm not too fussed, my rentals are going well.

However, the historic normal levels are a thing of the past with the amount of users here now. I can see prices moving upwards in the Autumn, now if the tier fees are increased across the board we may see another slump but that's the land game.

ID verification could also affect land prices if sex takes a big hit.
Ciaran Laval
Mostly Harmless
Join date: 11 Mar 2007
Posts: 7,951
08-24-2007 13:04
From: Raymond Figtree
But still, as always, the number of new sims to auction has the biggest effect on prices. Yesterday was the first time prices have gone up in weeks and it was also the first day they did not release 10 sims to auction (only two). Now they have resumed dumping again today.


Agreed, they are still releasing too many sims to auction and should half it to stabilise the slump.
Desmond Shang
Guvnah of Caledon
Join date: 14 Mar 2005
Posts: 5,250
08-24-2007 13:08
From: Chris Norse
How about :

Property Dukes
Soil Marquesses
Land Earls
Real Estate Viscounts


Pashas of Pixels?
Lords of Lag?
Rajahs of Rez Failure?

Or maybe more specific titles are in order? How about...

The Earl of Primdrift

The Right Honourable Sir Blackscreen

Baron Rolling of Restartness

Lord BotHammer of Serverside?
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Oryx Tempel
Registered User
Join date: 8 Nov 2006
Posts: 7,663
08-24-2007 13:12
"Raymond Figtree
Helpful 45% of the time"

Didn't it use to be 61% of the time? What? Your advice getting worse or something? ;)
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Brenda Connolly
Un United Avatar
Join date: 10 Jan 2007
Posts: 25,000
08-24-2007 13:16
From: Oryx Tempel
"Raymond Figtree
Helpful 45% of the time"

Didn't it use to be 61% of the time? What? Your advice getting worse or something? ;)


He goes as the Market goes.
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Sensual Casanova
Spoiled Brat
Join date: 28 Feb 2004
Posts: 4,807
08-24-2007 13:19
From: Shipper Sodwind
I am so sick of loseing money in SL. Land prices has just completely dipped at a point when I am trying to sell a whole parcel. I am now down to less than 8L$ per sq m.

Anyone know at what point the landbots kick in?

I want out now


hehe I think it's funny when land barons complain about other land barons/bots, real estate is a risky business in both RL and SL, best thing to do is get rid of what you have and find a business to start with less risk involved.
Brenda Connolly
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Join date: 10 Jan 2007
Posts: 25,000
08-24-2007 13:20
From: Sensual Casanova
hehe I think it's funny when land barons complain about other land barons/bots, real estate is a risky business in both RL and SL, best thing to do is get rid of what you have and find a business to start with less risk involved.

I hear the Casino Biz is wide open right now.....
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Ciaran Laval
Mostly Harmless
Join date: 11 Mar 2007
Posts: 7,951
08-24-2007 13:24
From: Sensual Casanova
hehe I think it's funny when land barons complain about other land barons/bots, real estate is a risky business in both RL and SL, best thing to do is get rid of what you have and find a business to start with less risk involved.


If the land barons got rid of what they have, where would you put your store :p or where would new businesses put their store, more to the point?
Domaiv Decosta
Registered User
Join date: 3 Jun 2007
Posts: 243
08-24-2007 13:27
From: Shipper Sodwind
I am so sick of loseing money in SL. Land prices has just completely dipped at a point when I am trying to sell a whole parcel. I am now down to less than 8L$ per sq m.

Anyone know at what point the landbots kick in?

I want out now


If the low prices are due to the amount of land LL are releasing, how about you all stop buying new sims.
Nina Stepford
was lied to by LL
Join date: 26 Mar 2007
Posts: 3,373
08-24-2007 13:36
land baron? why is everyone insisting hes a land baron? because he owns a sim? one look at his profile indicates that the sim was once his home.
dont you think a land baron would have better luck than failing to sell linden protected waterfront at 8$/m???
Ciaran Laval
Mostly Harmless
Join date: 11 Mar 2007
Posts: 7,951
08-24-2007 13:37
From: Nina Stepford
land baron? why is everyone insisting hes a land baron?


I don't know why land baron is such a dirty expression anyway, they play a vital role and plug a gap in service that LL don't provide.
Elmore Philbin
www.philelmore.com
Join date: 12 May 2007
Posts: 73
08-24-2007 13:39
Pejorative terms of that type are generaly tools of propaganda -- weapons used in waging a war of class envy by those who "have not" but who would very much like to "have" without paying for or otherwise earning what they covet.
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Gareee Taov
Registered User
Join date: 8 Jan 2007
Posts: 117
08-24-2007 13:41
From: Chris Norse
They already have these, they are called private islands. Leave my mainland alone.


There's no reason why there can't mainland in 3 flavors.. commercial only, residential only, and mixed.

That appeases everyone, and also keeps residential sims free of rotating ad prim clutter. Plus it increases the incentive for players to keep thier subscription, so they can get desirable land without paying a high premium for it.

Only reason I dropped my subscription and went to private sim/estate land was because after 3 mainland relocations, I was sick of the developement around me turning into trash.
Beebo Brink
Uppity Alt
Join date: 12 Jan 2007
Posts: 574
08-24-2007 13:50
The first small parcel of land that I sold made a profit, but the larger one I currently hold will probably take a hit someday unless land prices rise back up to the L$15-17/m range. That thought doesn't really bother me much because I've made good use of the land.

Unless you think real estate speculation is fun and don't mind the inherent risk, you should buy land that suits your projects in SL and your ability to handle tier. The land price itself fluctuates too much to make a prediction about your future gain or loss when you sell; tier is inexorable.

Over the long term, my tier rate is much more of a factor in overall expenses than the original cost of the land itself. I'm paying US$40/mo and that's the upper limit of what I'm willing to pay in order to enjoy my SL. If tier prices drop, I'd probably buy more land until I was back at that level; but if tier prices rise, I'm dumping land, even if I have to sell it at a loss.
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Sensual Casanova
Spoiled Brat
Join date: 28 Feb 2004
Posts: 4,807
08-24-2007 13:51
From: Ciaran Laval
If the land barons got rid of what they have, where would you put your store :p or where would new businesses put their store, more to the point?

They would buy an island or land from LL like it was intended?
Oryx Tempel
Registered User
Join date: 8 Nov 2006
Posts: 7,663
08-24-2007 13:53
From: Domaiv Decosta
If the low prices are due to the amount of land LL are releasing, how about you all stop buying new sims.


*blinks* Now THAT'S about the smartest and most obvious thing I've heard all day! Well said!
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Brenda Connolly
Un United Avatar
Join date: 10 Jan 2007
Posts: 25,000
08-24-2007 13:55
From: Oryx Tempel
*blinks* Now THAT'S about the smartest and most obvious thing I've heard all day! Well said!

But she can't get the Eskimo Joke....... :(
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Nina Stepford
was lied to by LL
Join date: 26 Mar 2007
Posts: 3,373
08-24-2007 13:57
youve been around long enough to know the only land outside of islands/sims that ll sells are a handful of 512 auctions.
From: Sensual Casanova
They would buy an island or land from LL like it was intended?
Sling Trebuchet
Deleted User
Join date: 20 Jan 2007
Posts: 4,548
08-24-2007 13:58
From: Raymond Figtree
......
BTW, any guesses as to what J.B. is going to do with the over US$100K's worth of sims he's bought in the last month?


There is a 'maybe worrying' aspect to it in that if he continues to buy the farm while others draw back, he ends up with a near-monopoly on land when the demand for land catches up with supply.

At that stage he would be looking to recover the costs of all that tier he had been paying for the unsold sims.
That would be dangerous for the consumer in a world where there was a limited supply.
One would hope that if LL saw the end-user asking price of land rising unacceptably because of a monopoly on existing land, they would dump another continent on the market.

How bad? Unsold empty sims are great for them. Tier would be paid, albeit at the lower full-sim rather than the higher fragmented-sim rates. But none of those sims would be sucking bandwidth or asset server resources.
They don't owe JB a living.
Neither do we.
Nina Stepford
was lied to by LL
Join date: 26 Mar 2007
Posts: 3,373
08-24-2007 13:59
'you all' is a handful of people that are seemingly willing to buy every sim that goes to auction, no matter what the land market is. i take it you dont watch the sim auctions...
From: Domaiv Decosta
If the low prices are due to the amount of land LL are releasing, how about you all stop buying new sims.
Sensual Casanova
Spoiled Brat
Join date: 28 Feb 2004
Posts: 4,807
08-24-2007 14:06
From: Nina Stepford
youve been around long enough to know the only land outside of islands/sims that ll sells are a handful of 512 auctions.


It didn't use to be that way, and is that way now because of land barons. If LL can profit more by selling an entire region to a land baron vs smaller plots to more people, that is what they will do, it is also less work for them.
There are also several SLers selling their personal land they no longer have use for.
There are also options to rent land from someone else or buy land from island owners... you don't HAVE to buy from a land reseller.
If land barons want the prices to maintain for any length of time, they need to quit buying land every time LL releases it. What happens is, LL then releases more, and more... and all the land barons are "overstocked" and need to reduce their prices or keep paying tier on it, either way they are losing...
So again, if someone can not handle the risk of juggling land around, they are in the wrong business.
Sling Trebuchet
Deleted User
Join date: 20 Jan 2007
Posts: 4,548
08-24-2007 14:07
From: Ciaran Laval
I don't know why land baron is such a dirty expression anyway, they play a vital role and plug a gap in service that LL don't provide.


The people who buy new sims at auction and resell are performing a function that LL could perform if they chose to. They might be playing "a vital role", but its one that a monkey with some cash could do.

The people who buy the new 'green' land from the above and immediately resell at a higher price have no role other than to make land more expensive. These flippers are parasites.
The people who snap up any old land at low price and immediately put it up at a higher price are the same sort of parasites.
These are the bottom-feeders who make the land business "dirty".
Stormy Weeks
Registered User
Join date: 17 May 2006
Posts: 147
08-24-2007 14:11
From: Carl Metropolitan
Shipper, SL land prices are finally getting back to their historic normal levels. You had the misfortune to join SL during the begining of a big land price bubble.


Shipper, What Carl said is true, according to the historical data of land prices. There are peaks and valleys, and land has recently been peaking over the past few months.
Chris Norse
Loud Arrogant Redneck
Join date: 1 Oct 2006
Posts: 5,735
08-24-2007 14:13
From: Gareee Taov
There's no reason why there can't mainland in 3 flavors.. commercial only, residential only, and mixed.

That appeases everyone, and also keeps residential sims free of rotating ad prim clutter. Plus it increases the incentive for players to keep thier subscription, so they can get desirable land without paying a high premium for it.

Only reason I dropped my subscription and went to private sim/estate land was because after 3 mainland relocations, I was sick of the developement around me turning into trash.



But then where does it stop? Your neighbor use paint textures you don't like? Hell AR him. Someone put a two story house in a sim filled with ranch style homes? Hell AR him. The new building next to you using wood textures instead of stone? AR him.

And when you really look at the matter, your way will lead to higher prices. Zoning will make land of one type or the other scarce. This will drive up prices. So there goes your low premium.
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I'm going to pick a fight
William Wallace, Braveheart

“Rules are mostly made to be broken and are too often for the lazy to hide behind”
Douglas MacArthur

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