How high will it go?

Back in August when LL started to dump Corsica sims on the auction block, the thread was "How low will it go?".
OK, that was referring to the lowest price per metre in search, but ....

Current auctions with 9 and 10 hours to go at time of posting:

Permutate US$4276
Exomorgun US$4351

-- L$17 and heading for L$18 per metre
-- Add a few L$ per metre if it is for resale.

They're not Second Life Third World granite plateau. The terrain is unusual in that it optimises the amount of actual 'beach'.

It's nice to think that someone has enough faith in the survival of SL that they are prepared to lay out that sort of money on a sim.


Questions for Residents:
How many 16m plots will appear in those sims?
How high would the spinners go?
Is there a Second World in RL?
Is a Second Life Second World a parcel in Second Life Third World big enough to support high screen walls that are far enough from the centre to avoid the sensation of standing in the bottom of a well?



I'm OK, in that my group has about a half sim of protected and double-protected water parcels. It's a shame that more people can't have such parcels at a reasonable price.
Personally, I wouldn't be upset to see the "value" of our group land fall due to the greater availability of similar land. OK - maybe just a teensy bit selfishly miffed - but not upset.
The bits of Corsica that are yet to be added will have more interesting terrain.
LL should give more thought to terrain features. Huge flat plains are so unimaginative.

Seriously, what is with loads and loads of granite sims? Who wants to live on a moonscape?

There must be a group of alien roleplayers somewhere in SL....?

Its fine for stores and clubs.


Those sims should be zoned for business. It would make living easier for residents that just want to enjoy their land and not have to worry about 20-40 avatar "dance nights" or temp rezzors lagging their resources.

Yeah I was hoping that this time round the lunacy with the sim prices might not flare up.

Oh well. I remember seeing sims going for $1001 ...

Who EXACTLY is driving these prices up?

Lindens just continue putting people out there to hammer each other. These prices are insane but as long as people pay them they will continue to put them out all the while making them more and more expensive. Near future, prices will far, far exceed 4k. It's a shame people continue to pay for this.

It's not a matter of being able to afford paying these ridiculous prices, it's all about the principal of these prices being so high. If people would stop paying them and we all know this would never happen, prices would not be as they are now.

Meanwhile, Lindens you buy continue to spiral downward giving you less and less for your money.

Errr....greed?

Good luck getting anyone to buy that stuff. That's just an insane price to pay. If that land is being flipped, I seriously wonder who would buy it when the markup is probably going to be at least 19L/meter if not 20. But you know what, it's okay... because these things have a way of working themselves out. If it ends up being an idiotic move, it will stop it from happening again in the future. The land will be abandoned and will go back into the auction block, or it will be sold at a (probably significant) loss. Those who don't learn, feel.

Even for a beach sim, $4351 is way, way too much for play land. If the person intends to cut it up and resell it the market simply won't bear the price they would have to charge per meter to make even a small profit. If they intend to keep if for themselves why not a private island? The difference in purchase price would cover the $100 difference in tier for over 2 years. At some point, LL will *have* to start dumping land again to bring prices down. People seem to be bidding as if land in SL has a finite supply rather than the fact that LL could have a 16 wheeler deliver thousands of new servers whenever they want. Am I missing something?

The still non-simmed Eastern map of Corsica has a touch of Norway to it.
Slartibartfast Linden must have done that bit!

That should drive down the price of beachfront, or stop the climb at any rate.
It would be good if LL were to put a row of Protected water sims right along the perimeter and ensured that there were wider then the usual 16m-wide protected water channels linking those sims into the inlets. That would create a very large amount of land with a boundary on protected water.

Not what ... who ...

Just came back from recon.

Those sims are gorgeous!!! I'm really hoping that they get developed into something beautiful. Those would be great for residential. Can't wait to see them develop.

Ricardo, can you tell me where you get that information? I'm not exactly financially savvy, so I just look at the Lindex which seems to show that the L$ to US$ exchange rate has been flatlined for at least a year and a half.

So where is this "spiral"?

http://secondlife.com/currency/market.php

In order for a beautiful development on the mainland every future land owner would have to have the same aesthetic sense, cooperate with one another, and freely agree to certain things. Such as not blocking someone else's view with a tall structure, not abandoning your land to Gov Linden, not selling to adfarmers etc. In other words, there is a low probability that inland land will end up in any way beautiful simply because its "new" land and looks nice and clear now. Just take a look at the already developed sims close by and you'll see what these new ones will look like.

On the flipside, there's a better chance that mainland protected waterfront land will stay relatively nice. When I owned a large amount of waterfront, my neighbors would actually ask me if *I* liked the homes they built and if I didn't they offered to take them down! Likewise, I returned the favor. It didn't matter, my neighbor's home was gorgeous and they didn't have a problem with mine either.

Well those prices are madness. Why don't they just buy an island if they've got that sort of money? Economically it would make more sense.

Islands have void borders. You can't sail across sims in most cases. Doesn't make the prices any less insane.

Someday there will be a big correction or crash when a strong competitor comes in. I would not want to be holding $4K's worth of land when that happens.

I live on a mountainside in Maske. We have a little steampunky quarter sim there and it's quite nice. I've previously lived on green land and snowland and the rocky thing's got novelty value if nothing else. It's not for everyone, but it was cheaper than green and there's stuff on the ground anyway.

My home region (Ennin) is granite, I love it, the gray is very calming and peaceful to me, it is a nice contrast to water, wood, flowers etc. as well. Everyone to their own taste. I think beaches and palm trees are pedestrian, unimaginative and boring so..... Cha! Like the ol' man said when he kissed the cow "Everyone to their own taste."

Well. The answer is in .... closed prices from auction site ...
Exomorgun = $4654
Permutate = $5501
That's $10,000 for the pair. Average over L$20 /m.
I do hope it was someone who will look after them instead of cutting them up.
But what's the odds us ordinary mortals won't be able to get near them?

Well, we all know what they say about a fool and his/her money.

If they try to sell parcels, this mortal isn't going near them for that price.

I'm really curious to see how these two sims end up.

I would have guessed that this is madness, but then again it might be SPARTAAAAA!




Shhhh, i hope nobody tells these sim buyers they could have had there choice of a few diffrent mainland sims that have been sitting for sale on the grid for months for much less then those prices

The what is greed. The who is greed. Greed is the driving force behind this. Besides, who, what, when, where it all boils down to the same thing.

For a year and a half? Where did you get this info from? Lindens? Do you buy Lindens? Have you been buying them a lot? Unless you have another account you've been here since May of 07, right? I've been here much longer and until recently I was averaging spending a $175 US monthly on Lindens here for over a year and a half. So I've been here and I know what the rates are and have been.


I used to buy 6000L for $20 US and slowly- actually, not all that slowly- but surely now you only get 5250L or a bit less for those same $20 US. I don't think you have to be financially savvy to realize these prices have been spiraling downward. And it will be even less as time goes on just as land prices ahve been going up.

Don't believe everything they put out.

The selling rate has not budged much, Ricardo, whereas the buying rate may have.