Base price of Mainland is actually up!

There shouldn't be profit in flipping land.

Flipping land was only profitable based on the inefficiency of our service provider to make that profit for themselves.

Think of it like ticket scalping.

Do you really want Scalper Joe to make a killing, or do you want the concert performers and venue to make the money? Scalper Joe isn't really adding value here - he just got the tickets *first*.

Even worse, if Scalper Joe plays fast and loose, or carelessly, he may mess up the entire concert for everyone.


Of course, the term 'land baron' is a bit misleading. Traditionally it meant 'one who flips land' like Scalper Joe. Nowadays it's a bit more broad, and includes value-added services as well.

But even if a value-adding land baron plays too carelessly, yes it could potentially upset the apple cart a little bit.

I don't think Anshe, for instance, could do any serious harm to our service provider (I see her Dreamland private estate as clearly value-added) but certainly a move by her would be felt on the LindeX and the land market for months if she made certain choices.

When I checked last night, the first 15-20 parcels were all 6.1 and 6.2 L/m, and the few at the bottom of the first page of search results were at 6.4.

Did that change quickly later last night, or do you not include the first 15-20 in your determination of base rate?

Right now, there's nothing under 6.4

A lot of people are here for the potential of profit in land flipping, real estate, whatever one wants to call it. If there's no money to be made, a lot of people will disappear. People get into the land business to make money, not break even or take a loss

Hey Alan, what's the latest stat of how many mainland sims total are on the market right now?

In terms of Total Square Meters for Sale in varied sized parcels, that would add up to the equivalent of 395 Full sized Sims


Wednesday October 24, 2007
Land for Sale Today
Residents With Parcels for Sale 7,282
Total Parcels For Sale 45,261
Total Square Meters for Sale 25,942,768 / 65536 = 395

Thanks Alan. Interesting to see we have 100 less sims for sale than we had two months ago, but the demand is still not there and prices have just started to move upward again.

Well for me it's a matter of waiting to see what's going to happen with tier pricing. I'm not prepared to tier up again until I have an idea of how much it's going to cost me.

So you're holding off until sometime next year then?

http://blog.secondlife.com/2007/10/09/putting-an-end-to-pricing-rumors/

I would be so utterly shocked if they raised any tier - I think this place would fold like a deck of cards... I really REALLY do... We pay obscenely already in tier... and although in the best of times maybe a tier increase at this point might cause a recession, in the times we live in now, i'd say it would cause a complete crumble....

My opinion is that prices will never go a penny higher tier wise - ever. They will go down... maybe in two years or whatever as technology allows for it... but they will not go up...

You know tier is too high when people ask how your rentals are doing, you say "Well I covered tier this month" and they reply, "Really? Holy crap, that's fantastic!!"

No it could be this year if they honour the 60 day advance notice agreement I didn't find that blog particularly reassuring to be honest.

I think they're looking more at a restructure rather than across the board increases. However that's just my opinion, but they are planning to do something about pricing and that makes me a little uneasy with regards to investing into the next tier level.

But she said "we don’t expect anything to change in Q4". Then again, she also said they were going to be taking action against landbots...

Oh I fully believe her when she says that nothing will change in Q4, but Q1 isn't far away and a Q4 announcement that prices will change in Q4 would still mean she was right about nothing changing in Q4.

Well, for all us Europeans tier HAS gone up by about 20%. And I am still here. Of course I am not happy, but what can you do? Yeah, right, sell off at a big loss

The guy who tought me how to handle the stock market said: "You loose nothing unless you sell off at loo low a price."
And he was right. Only difference: When you hold shares, you are gaining a divident each year, when you hold land in SL you loose tier each month

But I do think we have finally answered the question Raymond posted in a thread long ago: "How low will it go?" Well, down to about L$ 6 per sqm.

notice the word 'average' lol. not 'base'

Notice he said nothing about the Lindex

What is an "Average"?

and What is a "Base"?

and where/how do you get a "Base"?

Just to help you answer, you could also consider "Base" as "Benchmark" to.

But I suppose you won't answer, like my last question you ignored..

I am inclined to agree with that comment, as it more or less mirrors the previous post I made on this thread.

At one point I thought there was a possibility SL could be legally considered a separate "place" or even "country" based on the emanate domain legal concept, having its own currency (having a fungible value) a population (avatars), and a virtual economy.

Under those circumstances owning virtual land would have the potential of becoming very valuable indeed. However events over the last 9 months or so have disproved that theory.

Today the people who deserve to make some money within SL are those who add value, I just might include those land brokers who purchase by the Sim and parcel land out to purchasers, given that SL/Linden Lab only in the main sell land by the Sim load.

But people who flip smaller plots of land are just skimming, not adding value, unless they also sell good graphical and script design and content with the land with full rights (which is very rare indeed) I keep an eye on the land market and I seldom see land being sold that includes all rights to content and builds. Mostly land is sold here "objects not included".

A little while ago there was even a complete Sim shopping mall (with sub renters) on the market for around $L22 per square meter or $L 1.5 million. I visited the land thinking I might be buying an established business, I clicked the land and "objects not included in sale" How that enhances SL's economy I do not know.

Finally there has to be end users in any property deal chain, otherwise it risks turning into a vast Ponzi scheme doomed to failure

Also known as January 2007

For the best part of a month, the only people buying land were the same people that were selling. Genuine buyers were squabling over first land whenever it appeared.

am i the only one that rememebers the recent blog that clearly states that the release of land to auction is timed to offset the sale or purchase of lindens? hence keeping the exchange rate stable??

somebody else must have read that too!

Buy low, sell high. Can't go wrong.

I'm an end user and I've never made any money in properties or land sales.

How recent was this blog?

Perhaps a link would be helpful