How low will it go?

well, i think your best course of action is to make a plan to buy a region. maybe create a group, get your partners together, have them donate tier, bid/win the sim, then only sell to group members. you would have to carry the upfront cost but you get it back with the land sales. and the tier would be covered by donations (im assuming the $195 isnt just automatically billed).
i dont know if there are any flaws in that plan, but its worth investigating IMO.

yes but the new mainland is shit. land is so cheap already that people are buying up 4096 parcels, reselling some 512s and 1024s, and adcutting the rest. land on those sims will never be high value. its no coincidence that the oldest mainland sims are the best looking and free of adplots. the land price keeps the cutters out, and the lack of adplots keeps the value high.

It might have changed since I asked, but as far as I know LL won't assign an auction to a group, only to a single resident, so the price to be recovered would be at least $195 extra (more if that person already owns mainland, since their existing tier would be bumped up to the 1/2 sim tier category).

You simply go towards the new regions and often they are chopped up and it takes the search engine on the server awhile to list it.

It will have to go at 4,5 at least so nobody will bid on the new sims.

I am amazed though with Lindens that they crash the land market in such way. Land market was one aspect of their economy. Lindens were supposed to keep stability in the market and not to ruin it. They were responsible for prices climbing in the past because they were not releasing sims at all, then they invited people to invest to island business keeping mainland on their own. Now they make mainland compete with island business and they ruin those who trusted lindens to start a business there. And last they crash the market so bad with making all dealing with land to loose money or to say better, they deevaluate all land.

And even some say that deevaluation is not a problem because you can exchange your land at a better rate, it's not completely true since many many people made a side investment on land.Truth is that all people holding land see now their asset value worth less.

Combine that with gambling ban and financial crash due to ginko and the last thing somebody could think is to have lindens crahing also the land market. It is not logical but it happens.

To do such a move just shows to me that this is their only option left to make an upturn in SL. A big shake out in economy hoping that things will change .

Funny thing is to see gods trying to crash their market, and land dealers trying to stabilize it.

Just some thoughts i have

I don't get it either, but Ginko bonds are looking like a better investment today than the mainland.

One person must buy the land initially, so other folks would have to chip in for tier with cash for the first month until he or she could deed the land to a group and get land tier donations. I think.

Looking at sims that have been won at auction and payment completed, they end up being set for sale at 0L to the named buyer for the actual transfer of ownership.
If the normal land purchase routines are used, as would seem sensible, then the buyer should be able to Buy for Group.
The group would need to have all the tier donated in advance.

Worth a try.

I'm not in the real estate business but it has to be the biggest segment of the economy now that gambling is banned. I can't understand why LL seems to be killing the largest remaining investment left in SL when the entire economy seems to be retracting. Most of the successful companies listed in the 3 stock exchanges seem to be in real estate as well as most of the SL banks that popped up in the last 4 months. At the rate LL is killing the real estate ventures we could have all kinds of businesses failing not just the now famous Ginko fiasco.

Bawk Bawk Bawk

I'm not in the real estate business but it has to be the biggest segment of the economy now that gambling is banned. I can't understand why LL seems to be killing the largest remaining investment left in SL when the entire economy seems to be retracting. Most of the successful companies listed in the 3 stock exchanges seem to be in real estate as well as most of the SL banks that popped up in the last 4 months. At the rate LL is killing the real estate ventures we could have all kinds of businesses failing not just the now famous Ginko fiasco.

sounds like that could work. Anyone ever do that who can confirm it?

perhaps yes in statistics.. but how is real-estate business helping the economy ?
..its not.. in fact its holding the economy down at this moment.
in other words, why should LL care about "investors" who do not bring anything to the economy, but higher prices ?

There are sorta two different "economic impacts": LL's balance sheet, and the in-world, L$-denominated economy. Tier only directly affects the former. But the distinction is kinda academic anyway, because really, we all have an interest in the health of both. And collapse of land values might well have a not entirely positive ripple effect on the in-world economy.

On balance, I do think it would be better for SL if land prices were much, much lower. But once they got as high as they were--and were permitted to stay for months, long after the loss of the First Land incentive for Premium membership--now, after that, an awful lot of good people could get hurt badly if land prices undergo a sustained, significant correction.

And, as Raymond rightly mentions, it's just up to the Lindens to stop or slow the land-manufacturing process for a while to restore prices to status quo ante. But they haven't. So, that sure suggests a new target price. (Or, who knows? Maybe the Linden who christens the new sims is going on holiday so they gotta stock-up in advance.)

i dont follow your logic.
land is expensive when demand is greater than supply.
i do not manufacture land, LL does.
when LL do manufacture land the price drops.
so how am i responsible for land being tot expensive for cheapskates?

Um, Linden Lab makes their money from premium memberships (the only reason to go premium is to buy real estate), island sales, mainland auctions, classified ads directing people to stores on people's real estate and tier fees on, you guessed it, real estate.

Without real estate, there would be no Second Life.

you cant be serious if you say we need real-estate-investors to keep SL running ?

true .."land is expensive when demand is greater than supply" , so how come prices have been stable for months, with no siginificant premium growth, and so many new sims ?

That's where the logic that she misses kicks in. Land dealers satisfy a significant proportion of the supply/demand cycle by trading amongst themselves. If there are enough of them, they can keep the base value rising even when there's little consumer interest in land. LL dumping tons of sims on the market changes everything though, particularly if population numbers remain static or drop.