|
Ciaran Laval
Mostly Harmless
Join date: 11 Mar 2007
Posts: 7,951
|
12-09-2007 03:15
Whenever I take a peek at the land auctions site, I see parcels going for what I consider very high prices. Has anyone snagged a bargain via this process?
I always get the impression that people get over excited with this and are so determined to win that they pay over the odds, often paying more than they'd have paid had they just used the inworld land search options for similar parcels.
I know that all land isn't equal and that a 512M parcel in one sim is going to be worth more than a 512M parcel in another sim but some of the prices seem high to say the least.
|
|
Sling Trebuchet
Deleted User
Join date: 20 Jan 2007
Posts: 4,548
|
12-09-2007 03:53
It could be that most parcel auctions are triggered by requests to LL to put them up. Somebody particularly wants a certain parcel that has been abandoned. Other neighbours may want to expand their holding in a sim. Maybe opportunists see a chance to buy something that has confirmed value to others. Perhaps they hope that the auction losers will be overcome by regret in the aftermath and be prepared to pay a few thousand more to get the parcel? Or maybe people just go auction crazy. It's well known in RL 
_____________________
Maggie: We give our residents a lot of tools, to build, create, and manage their lands and objects. That flexibility also requires people to exercise judgment about when things should be used.
http://www.ace-exchange.com/home/story/BDVR/589
|
|
Alyx Sands
Mental Mentor Linguist
Join date: 17 Feb 2007
Posts: 2,432
|
12-09-2007 06:46
Just look at Ebay-a lot of people just go crazy and as soon as more than three are bidding on something, the price will go up like crazy....
_____________________
~~I'm a linguist. RL sucks, but right now it's decided to be a little less nasty to me - you can still be nice to me if you want! ~~
->Potestatem obscuri lateris nescitis.<-
|
|
Raymond Figtree
Gone, avi, gone
Join date: 17 May 2006
Posts: 6,256
|
12-09-2007 07:36
I don't think it's people getting caught up in the thrill of the auction.
I believe it's either people who have their heart set on land in a particular sim (a lot of the auctions are on older, established sims) or newbies who think this is the only way you can buy land, or a combo of the two.
_____________________
Read or listen to some Eckhart Tolle. You won't regret it.
|
|
Avion Raymaker
Palacio del Emperador!
Join date: 18 Jun 2007
Posts: 980
|
12-09-2007 08:28
The recurring cost of tier is more important than initial cost if you keep a plot long enough.
There are also many cases where plots are for sale that could ruin a person's successful business if something really terrible moved in next door.
SL prices are also trivial to many people. This factor often gets ignored when trying to analyze the SL economy and people's spending habits.
|