|
Damien Walworth
Neko boy
Join date: 10 Nov 2007
Posts: 181
|
04-13-2008 08:46
From: Marcel Flatley Which all depends on the question of why you are buying your sim in the first place. If it is personal playground, you are quite right. For that matter buying or renting land is quite cheap compared to what it used to be  But if you want to rent out the parcels to break even or make a profit, you are wrong. Because the entire SL economy is based on dollars. So instead of 300, you pay 352. Giving your US based competition 52 dollars advantage over you when they have to set rental prices. Since many estate owners are in the estate business to rent out parcels, they did get hit hard when VAT was introduced. Marcel That's a very good point, Marcel. I don't sell things on SL, I just buy things - so yes, I was only looking at things from that perspective and hadn't considered the other side of the equation.
_____________________
,,,=^.^=,,,
|
|
Lucrezia Lamont
Neko Onmyoji
Join date: 25 Jan 2007
Posts: 808
|
SL and RL Economics
04-13-2008 11:03
I confess I haven't read this entire thread or similar ones, but is it reasonable to apply RL economics to SL's economics when LL has a ticket to print money and create land any time they please? In RL there is only a finite amount of land.
Maybe I'm just looking at things skewed then, but I don't see it as reasonable.
Hmmn.
_____________________
Ronin Neko Onmyoji
|
|
Rock Ryder
Registered User
Join date: 6 Oct 2006
Posts: 384
|
04-13-2008 11:43
From: Lucrezia Lamont I confess I haven't read this entire thread or similar ones, but is it reasonable to apply RL economics to SL's economics when LL has a ticket to print money and create land any time they please? In RL there is only a finite amount of land.
Maybe I'm just looking at things skewed then, but I don't see it as reasonable.
Hmmn. The point Lucrezia is that LL promte SL as a place to conduct commerce. Sure, they can screw that up anytime they want, but they would be creating so much uncertainty who would be foolhardy enough to put real $$$ into it? So the SL economy was based on trust, trust that LL would not do any so drastic as to undermine the SL economy. But they have, twice now, and I for one am not putting my fate in their hands again, nor paying them even US$1 any more. I am doing what many others are now doing, and creating my own independent sim on my PC (no fees, no tier), and teleporting to the SL grid, and LL have only themselves to blame, as I have paid them 1000s of US$ so far, but no more. Rock
_____________________
If Jimmy cracked corn, and I don't care, why did I write a song about it??
|
|
Lucrezia Lamont
Neko Onmyoji
Join date: 25 Jan 2007
Posts: 808
|
04-13-2008 12:10
From: Rock Ryder The point Lucrezia is that LL promte SL as a place to conduct commerce. Sure, they can screw that up anytime they want, but they would be creating so much uncertainty who would be foolhardy enough to put real $$$ into it? So the SL economy was based on trust, trust that LL would not do any so drastic as to undermine the SL economy. But they have, twice now, and I for one am not putting my fate in their hands again, nor paying them even US$1 any more.
I am doing what many others are now doing, and creating my own independent sim on my PC (no fees, no tier), and teleporting to the SL grid, and LL have only themselves to blame, as I have paid them 1000s of US$ so far, but no more.
Rock But no economy in any world or concept is stable over a long period of time. There's always ups and down and adjustments to be made. LL would be shooting themselves in the foot if they did something truly drastic. I'm sure they weighed their options before making this decision and perhaps this was the best path to take right now (for them, that is, in the end). The seas are stormy for some right now, but as the saying goes, "this too shall pass". I understand the reactions and desire to pull out, and everyone can vote with their feet or RL money, but at the end of the day, LL is a business and they will adjust their business model to keep making money. Some will leave now, as has happened before, and others will see it as a new business opportunity. Ride the wave, go with the flow, check out or check in. But most definitely SL economy is quite different from RL... I think. 
_____________________
Ronin Neko Onmyoji
|
|
Desmond Shang
Guvnah of Caledon
Join date: 14 Mar 2005
Posts: 5,250
|
04-13-2008 12:19
From: Lucrezia Lamont I confess I haven't read this entire thread or similar ones, but is it reasonable to apply RL economics to SL's economics when LL has a ticket to print money and create land any time they please? In RL there is only a finite amount of land.
Maybe I'm just looking at things skewed then, but I don't see it as reasonable.
Hmmn. It is reasonable to the extent that both land and $L are worthless if there is no consumer demand for them. Quite a bit like a real economy, except that there are no necessities for life (food/shelter sorts of things). Making a quality world may raise consumer demand a bit; overproducing may lower overall demand and prices, &c &c.
_____________________
 Steampunk Victorian, Well-Mannered Caledon!
|