Land Prices?
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Snowflake Fairymeadow
Registered User
Join date: 21 May 2006
Posts: 704
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02-29-2008 10:06
From: Rihanna Laasonen I'm not saying anyone should sell below value, only that if they mark the price up, they should do something to justify the markup. . I think they have done that by buying the land, as it is a free market and anyone may sell their parcel for a price of their choosing if they own it. Some people seem to think that if they buy a plot of land, they bought some kind of service from the previous landowner.
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Snowflake Fairymeadow
Registered User
Join date: 21 May 2006
Posts: 704
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02-29-2008 10:22
Here is the value added by land flippers:
Would you rather a land flipper buy that plot next door to you and flip it for a small profit, or would you rather have the owner of it just leave it without autoreturn on to collect debris and junk after they didn't log in for a few months?
Anyone who has ever lived next to one of these plots knows the value of land flippers in such a situation. Try asking LL to clean it up. They won't mess with someone's land as long as that person is not in arrears.
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Cristalle Karami
Lady of the House
Join date: 4 Dec 2006
Posts: 6,222
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02-29-2008 10:25
From: Snowflake Fairymeadow Here is the value added by land flippers:
Would you rather a land flipper buy that plot next door to you and flip it for a small profit, or would you rather have the owner of it just leave it without autoreturn on to collect debris and junk after they didn't log in for a few months?
Anyone who has ever lived next to one of these plots knows the value of land flippers in such a situation. Try asking LL to clean it up. They won't mess with someone's land as long as that person is not in arrears. Apples and pizza - not even oranges! A negligent landowner has nothing to do with land flipping. That's a completely different kind of nuisance.
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Snowflake Fairymeadow
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Join date: 21 May 2006
Posts: 704
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02-29-2008 10:43
From: Cristalle Karami Apples and pizza - not even oranges! A negligent landowner has nothing to do with land flipping. That's a completely different kind of nuisance. But Cristalle, it was a question. Which would you rather have next door to you, out of the 2 choices?
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Cristalle Karami
Lady of the House
Join date: 4 Dec 2006
Posts: 6,222
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02-29-2008 10:54
From: Snowflake Fairymeadow But Cristalle, it was a question. Which would you rather have next door to you, out of the 2 choices? There are a lot of things I wouldn't want next to me that have nothing to do with land flipping.
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Love Hastings
#66666
Join date: 21 Aug 2007
Posts: 4,094
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02-29-2008 11:15
From: Cristalle Karami There are a lot of things I wouldn't want next to me that have nothing to do with land flipping. Giant toilets?
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Snowflake Fairymeadow
Registered User
Join date: 21 May 2006
Posts: 704
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02-29-2008 11:19
From: Cristalle Karami There are a lot of things I wouldn't want next to me that have nothing to do with land flipping. I agree. It sure is nice when someone purchases a parcel with such items on it and sets autoreturn and no build. I don't begrudge anyone who does such a service for marking it up a few $L for paying US$ tier on it as well as providing the service of cleaning up the plot.
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Sling Trebuchet
Deleted User
Join date: 20 Jan 2007
Posts: 4,548
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02-29-2008 12:08
From: Snowflake Fairymeadow Here is the value added by land flippers:
Would you rather a land flipper buy that plot next door to you and flip it for a small profit, or would you rather have the owner of it just leave it without autoreturn on to collect debris and junk after they didn't log in for a few months?
Anyone who has ever lived next to one of these plots knows the value of land flippers in such a situation. Try asking LL to clean it up. They won't mess with someone's land as long as that person is not in arrears. Well here's the thing .... That sort of "value" that you describe is only added by some idiot who buys land, clears it and sits on it for ages trying to get an unrealistic price. If the *flipped* resale price is actually the market price, then the land would have been bought by an end user and cleared anyway as the price the flipper bought at was lower than market price. In the event of the flipper selling the parcel fairly quickly, the the only "service" the flipper had provided was the serving up of an increased cost. Your mission is: Think of a more plausible "Here is the value added by land flippers:"
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Snowflake Fairymeadow
Registered User
Join date: 21 May 2006
Posts: 704
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02-29-2008 12:25
From: Sling Trebuchet Well here's the thing ....
That sort of "value" that you describe is only added by some idiot who buys land, clears it and sits on it for ages trying to get an unrealistic price. If the *flipped* resale price is actually the market price, then the land would have been bought by an end user and cleared anyway as the price the flipper bought at was lower than market price.
In the event of the flipper selling the parcel fairly quickly, the the only "service" the flipper had provided was the serving up of an increased cost.
Your mission is: Think of a more plausible "Here is the value added by land flippers:" Actually I did not mention anything about the price the land was flipped at. I asked a question as to which of the 2 options would be preferred. It seems to be a no brainer to me. I would far rather have a land flipper add value by providing a janitorial service than to have no land flippers and messy abandoned plots laying about all over the place. So far no one seems to have been able to answer the question, except by criticizing my post and telling me it is either irrelevant or that I am wrong because of the pricing of the hypothetical plot. Oh and assigning me a "mission" LOL. /me checks to see if she has recently turned into a sub.
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Isablan Neva
Mystic
Join date: 27 Nov 2004
Posts: 2,907
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02-29-2008 16:09
From: Joy Iddinja I prefer LAND INVESTING. Speculation has a negative connotation Joy, it certainly isn't INVESTING when you immediately set it back for sale at a higher price right after buying it. That is flipping/speculating.
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Sling Trebuchet
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Join date: 20 Jan 2007
Posts: 4,548
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02-29-2008 16:26
From: Snowflake Fairymeadow ...... I asked a question as to which of the 2 options would be preferred. ...... Which of two options would you prefer: 1) Chop off your left hand or 2) Chop of your right ear. There are, as in the options the way you presented your, only those two options.... No shades of grey, no prices, no timescales, no ifs or buts C'mon, c'mon... don't try to avoid the question... Which of the 2 options would you prefer....? ??? Eh?
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Raymond Figtree
Gone, avi, gone
Join date: 17 May 2006
Posts: 6,256
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02-29-2008 18:00
From: Sling Trebuchet Your mission is: Think of a more plausible "Here is the value added by land flippers:" 1) A person can only afford 1024 plot. A flipper buys a 2048 and divides it into two parcels. 2) A flipper terraces a steep granite slope with decks, allowing a newbie to see how a home would fit on the mountainside. 3) A flipper puts in a prim pond in the corner of a lot. 4) A flipper buys four small odd shaped plots and makes a nice 1024 out of them and resets it for sale. 5) A flipper does some landscaping with transferrable Heart palm trees. I know, none of these examples will convert any anti-flippers, but I've seen or done all of the above in the year I flipped land before the invasion of the land bots ended the fun of seeking out land that was set for sale too cheap for a given time in the market.
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Rocketman Raymaker
Registered User
Join date: 4 Feb 2007
Posts: 530
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02-29-2008 18:10
From: Sling Trebuchet Which of two options would you prefer: 1) Chop off your left hand or 2) Chop of your right ear.
There are, as in the options the way you presented your, only those two options.... No shades of grey, no prices, no timescales, no ifs or buts C'mon, c'mon... don't try to avoid the question... Which of the 2 options would you prefer....? ??? Eh? Please sir don't take my hand, have my ear if you must.
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Snowflake Fairymeadow
Registered User
Join date: 21 May 2006
Posts: 704
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02-29-2008 19:23
From: Sling Trebuchet Which of two options would you prefer: 1) Chop off your left hand or 2) Chop of your right ear.
There are, as in the options the way you presented your, only those two options.... No shades of grey, no prices, no timescales, no ifs or buts C'mon, c'mon... don't try to avoid the question... Which of the 2 options would you prefer....? ??? Eh? I will answer your question as you answered mine : You spelled "off" incorrectly. Now prepare to do my bidding.
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Sling Trebuchet
Deleted User
Join date: 20 Jan 2007
Posts: 4,548
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03-01-2008 01:34
From: Raymond Figtree 1) A person can only afford 1024 plot. A flipper buys a 2048 and divides it into two parcels.
2) A flipper terraces a steep granite slope with decks, allowing a newbie to see how a home would fit on the mountainside.
3) A flipper puts in a prim pond in the corner of a lot.
4) A flipper buys four small odd shaped plots and makes a nice 1024 out of them and resets it for sale.
5) A flipper does some landscaping with transferrable Heart palm trees.
I know, none of these examples will convert any anti-flippers, but I've seen or done all of the above in the year I flipped land before the invasion of the land bots ended the fun of seeking out land that was set for sale too cheap for a given time in the market. "Anti-flipper" is too black-and-white a concept as you seem to be using it. There may well be people who take the time to significantly improve things on the ground before reselling. I don't think that sort of activity would attract a mob of "anti-flippers" with pitchforks and blazing torches. Most of the land flipping that I have witnessed over the last year has involved 1) buy 2) put back on sale immediately at a higher price This is after the parcel has got to end-user stage. That's what I term land-flipping. It's just opportunism. When I see that activity described as a profession, vision or a contribution to SL, I just can't resist getting out the pointy stick.
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Raymond Figtree
Gone, avi, gone
Join date: 17 May 2006
Posts: 6,256
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03-01-2008 01:50
From: Sling Trebuchet "Anti-flipper" is too black-and-white a concept as you seem to be using it. There may well be people who take the time to significantly improve things on the ground before reselling. I don't think that sort of activity would attract a mob of "anti-flippers" with pitchforks and blazing torches.
Most of the land flipping that I have witnessed over the last year has involved 1) buy 2) put back on sale immediately at a higher price This is after the parcel has got to end-user stage. That's what I term land-flipping. It's just opportunism.
When I see that activity described as a profession, vision or a contribution to SL, I just can't resist getting out the pointy stick. I was using someone else's turn. They used to be called Swoopers or Barons. I always preferred "Real Estate Benefactor And Terra Enhancement Specialist Esq.". And yes, most land is flipped in the way you describe.
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Ike Fairweather
Off Tha Chain
Join date: 1 Feb 2007
Posts: 387
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03-01-2008 03:31
From: Raymond Figtree Mainland has not been L$6.5 a meter for months now. Especially for decent parcels with nice views.
As long as you are planning to stay on a private estate, you might want to just search occasionally on the mainland if it's fun for you. Just be prepared to pay L$9-L$10 a meter for something attractive. Most of the offerings on the first page below L$9 are mis-shapen and yucky.
If your estate is low on prims and scripts, it's no wonder the mainland feels laggy to you, but there are some mainland sims that are not that bad in that regard. Plus it's about location, location, location. PG land is usually a lot better than Mature, but that is changing with the adfarm rules.
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John Horner
Registered User
Join date: 27 Jun 2006
Posts: 626
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03-01-2008 03:31
Here are some further thoughts from yours truly...
1) Land buy bots provide some added value for a virtual landowner who desires a quick sale, albeit at a forced sale discounted value
2) Land barons provide some value to the community if they are able to buy odd size plots and combine them, performing slum clearance including taking out unwanted ad farms, and clever landscaping
3) 1st Tier land barons (buying complete Sims) that purchase Sims from Linden Lab at auction and parcel them out in consumer driven residential/business sizes can add value
4) Land barons who simply flip land without doing any of the first 3 options do not add any value
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Elanthius Flagstaff
Registered User
Join date: 30 Apr 2006
Posts: 1,534
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03-01-2008 04:48
From: John Horner Here are some further thoughts from yours truly... 1) Land buy bots provide some added value for a virtual landowner who desires a quick sale, albeit at a forced sale discounted value 2) Land barons provide some value to the community if they are able to buy odd size plots and combine them, performing slum clearance including taking out unwanted ad farms, and clever landscaping 3) 1st Tier land barons (buying complete Sims) that purchase Sims from Linden Lab at auction and parcel them out in consumer driven residential/business sizes can add value 4) Land barons who simply flip land without doing any of the first 3 options do not add any value Come on John I expected more from a capitalist like you! Land barons who flip land provide liquidity and enable price discovery.
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Sling Trebuchet
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Join date: 20 Jan 2007
Posts: 4,548
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03-01-2008 05:51
From: Elanthius Flagstaff ....... and enable price discovery. On discovering the price: The price is HOW MUCH?????? ZOMG!!! 
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Rihanna Laasonen
Registered User
Join date: 22 Nov 2006
Posts: 287
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03-01-2008 06:37
From: Snowflake Fairymeadow I think they have done that by buying the land, as it is a free market and anyone may sell their parcel for a price of their choosing if they own it. That's a philosophical justification (and a perfectly valid one) for the seller marking it up. It's not an economic or philosophical justification for the buyer paying the extra price. From: someone Some people seem to think that if they buy a plot of land, they bought some kind of service from the previous landowner. Only if they're paying for more than the land. As I said before, if the sale price represented the actual value of the land, it wouldn't sit unsold so long and buyers wouldn't be unhappy about paying it. The difference between the actual value of land to the buyer and the sale price they end up grumblingly paying -- that difference isn't money to purchase the land. It's money to feed the seller's greed and it's money, from the buyer's point of view, that's thrown away (at best) because they're not getting any value from it. That's what I mean about the seller justifying the markup. Raymond, if a flipper does all those things.... then they're not a flipper. We established pages ago that we were only talking about people who don't add value to the land.
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Rihanna Laasonen
Registered User
Join date: 22 Nov 2006
Posts: 287
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03-01-2008 07:04
From: Raymond Figtree 5) A flipper does some landscaping with transferrable Heart palm trees.
Okay, I'm gonna be late for work now, but I've got to say this... I don't want to harp on my example from earlier because I did get a good price so it's not a good example, but... after I'd purchased it, the seller dropped me a package of palm trees. Palm trees! I grew up in Florida -- I hate palm trees! I hate beaches! There are no beaches anywhere near my sim. The land I'd just bought used to be a cedar forest before it went to auction! In fact, if the seller had taken a few seconds to look around the sim, they'd have seen the rest of the region is still a temperate woodland! Nothing remotely resembling tropical flora anywhere. Why is this guy giving me palm trees?!? It really makes me wonder -- do these people even look at the land they're dealing with, beyond checking to see if it's green or granite or next to an ad farm? Obviously, the ones who are successful in the long-term must be paying some attention, but others...
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Tiana Whitfield
Forever And A Day
Join date: 1 Apr 2007
Posts: 702
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03-01-2008 09:13
From: Rihanna Laasonen Okay, I'm gonna be late for work now, but I've got to say this...
I don't want to harp on my example from earlier because I did get a good price so it's not a good example, but... after I'd purchased it, the seller dropped me a package of palm trees. Palm trees! I grew up in Florida -- I hate palm trees! I hate beaches! There are no beaches anywhere near my sim. The land I'd just bought used to be a cedar forest before it went to auction! In fact, if the seller had taken a few seconds to look around the sim, they'd have seen the rest of the region is still a temperate woodland! Nothing remotely resembling tropical flora anywhere. Why is this guy giving me palm trees?!? It really makes me wonder -- do these people even look at the land they're dealing with, beyond checking to see if it's green or granite or next to an ad farm? Obviously, the ones who are successful in the long-term must be paying some attention, but others... Maybe they were just being nice?
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Talon DeCuir
Angel
Join date: 19 May 2007
Posts: 350
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03-01-2008 09:30
I like palm trees, pass them to me 
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Raymond Figtree
Gone, avi, gone
Join date: 17 May 2006
Posts: 6,256
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03-01-2008 10:13
From: Rihanna Laasonen Okay, I'm gonna be late for work now, but I've got to say this...
I don't want to harp on my example from earlier because I did get a good price so it's not a good example, but... after I'd purchased it, the seller dropped me a package of palm trees. Palm trees! I grew up in Florida -- I hate palm trees! I hate beaches! There are no beaches anywhere near my sim. The land I'd just bought used to be a cedar forest before it went to auction! In fact, if the seller had taken a few seconds to look around the sim, they'd have seen the rest of the region is still a temperate woodland! Nothing remotely resembling tropical flora anywhere. Why is this guy giving me palm trees?!? It really makes me wonder -- do these people even look at the land they're dealing with, beyond checking to see if it's green or granite or next to an ad farm? Obviously, the ones who are successful in the long-term must be paying some attention, but others... I grew up in Florida too. We must have had different teachers because at some point I learned to just say thank you when receiving a gift, not go around complaining about it to others. I was sympathetic to your story before but now all I see is a person with a sense of entitlement. Good luck with your SL experience.
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