Your view on Mainland Price Trend and Tier
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Richard Palace
Registered User
Join date: 20 Oct 2006
Posts: 241
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08-23-2009 21:37
Right now, the cheapest Mainland is at 1.8L$/m2.
Some Mainland Baron are struggling to pay the monthly tier, as a result they start dumping their land which then force the price to continue to go lower.
Some said it will eventually go down to 0L$/m2 and more people will start to abandon land which they cannot afford to maintain.
If more people will to abandon their land, Linden will collect less money from the Mainland Tier.
Though abandoned land are put on auction, there are rarely any bidders.
Will Linden eventually reduce the tier for mainland?
What's your view. Share with us.
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TundraFire Nightfire
Permafrostbilly
Join date: 5 Apr 2008
Posts: 532
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08-23-2009 21:41
I'd like to own more land, but increasing my tier is not an option right now. If tier went down, I'd buy more land. Unfortunately, things always go up not down.
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Janelle Darkstone
will work for cookies
Join date: 10 Nov 2007
Posts: 38
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08-23-2009 22:31
If Linden Labs ever managed to lower the cost of tier I *might* go premium and buy land again. Maybe.
At the peak of my temporary insanity I was paying about $40+ a month to own a nice little corner of a sim (not including the initial cost of land, anywhere from 7L$ to 12L$/m2). Built a mansion, had my own private sandbox, etc. But for what? I was more bored than ever, sitting around in my huge mansion and doing... nothing.
Expensive lesson. Nowadays I live on freebie clothes and wander, not spending a dime unless I need to, and that's rare.
Never again. And if LL thinks someone like me would spring $1000 and then $300 a month for my own private sim, I want whatever they're smoking.
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Czari Zenovka
I've Had it With "PC"!
Join date: 3 May 2007
Posts: 3,688
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08-23-2009 22:49
I keep hearing about all the land prices dropping but for some insane reason on my sim, Warbluster, the prices have steadily increased. True it has protected Linden oceans on two sides, but the land I'm talking about isn't even ocean front.
I had to sell a 512 parcel quickly to a landbot and it has been on the market since for, get this, over 10,000L!!!! And other plots that were selling for approximately 3 & 4K (1024's) are now minimally 6800k and some at 9K. I don't get it.
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Marianne McCann
Feted Inner Child
Join date: 23 Feb 2006
Posts: 7,145
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08-23-2009 23:06
From: Czari Zenovka I keep hearing about all the land prices dropping but for some insane reason on my sim, Warbluster, the prices have steadily increased. True it has protected Linden oceans on two sides, but the land I'm talking about isn't even ocean front. Likewise, much of Bay City and Nova Albion remains high, though there has been a *small* drop in cost. Shermerville land remains all but untouchable.
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Sherry Woodford
Registered User
Join date: 30 Jun 2009
Posts: 7
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08-23-2009 23:49
There is a Russian guy that has a lot of 512 parcels for $6,755 and his 1,024s are double that. I don't know why he thinks someone will pay that much. I won't even pay $4,000 for a 512 in the middle of the mainland, yet the parcels sit there day in and day out. I tried IMing him and few others because I liked the areas, some never answered then some told me to wait till their land machine lowers the price for THEM not for ME, ....it'll take a couple of months they said. =/ So their saying the money in my pocket is more important then your livelihood. Oh, thanks for working with me....NOT!
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Pussycat Catnap
Sex Kitten
Join date: 15 Jun 2009
Posts: 1,131
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08-24-2009 00:08
Just because people list things at very high prices doesn't mean they sell at those prices.
Neighbors near me have tried 13L/sqm, 9, 5, and 3. All of them are either still up for sale, lowered, or abandoned.
Anytime one of them drops to about 2.2 or lower it sells right away. Sometimes it will sell as high as 2.5L (what I paid on Friday for a 1024 near me).
The idiots are the ones who abandon, when they could sell in 5 minutes if they just went lower... Some money is better than none after all.
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Dekka Raymaker
thinking very hard
Join date: 4 Feb 2007
Posts: 3,898
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08-24-2009 00:52
From: Pussycat Catnap The idiots are the ones who abandon, when they could sell in 5 minutes if they just went lower... Some money is better than none after all. OK let's say your giving up playing SL and all the money you put into SL is through a credit card, now if you sell your land you end up with US$ 50 in your account, what you going to do? abandon land and get out, or spend time transferring the Lindens to dollars, reading how to get your US$ 50 out, setting up a paypal account to transfer that US$ 50 out and end up with less than that anyway, I think most people would forget the money and just go.
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Rhaorth Antonelli
Registered User
Join date: 15 Apr 2006
Posts: 7,425
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08-24-2009 01:04
I have seen some 512 plots on mainland for around 900ish L's
and they were not sold... (they may be now, I dunno, and I don't know how long they were for sale either)
checked out a couple just to see and they were nice flat land, of course mainland, but surprisingly nice areas around them.
*shrug*
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Amaranthim Talon
Voyager, Seeker, Curious
Join date: 14 Nov 2006
Posts: 12,032
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08-24-2009 01:16
My tier is at max what i will increase as the next step is $75- a ludicrous increase in my opinion - but as said above it won't be going down. That sd, my other prime could buy with a tiny increas of only $3.00 more- Now the tiny bit of land that is convenient to me to buy - is (middle of mainland and no attractive bits to recommend it) set for $3k for a 512. Though if I could I wd buy out the neighbor raising chickens just to teminate their unceasing cackle!
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Conifer Dada
Hiya m'dooks!
Join date: 6 Oct 2006
Posts: 3,716
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08-24-2009 03:52
If we get a land over-supply situation that is long lived, I would like to see the tier-free limit raised from 512 sq metres to 1024 sq metres. With low land prices, I'm guessing that a lot of people, especially those who currently only own 512m, would buy an extra 512. That would also help to push up land prices a bit.
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Qie Niangao
Coin-operated
Join date: 24 May 2006
Posts: 7,138
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08-24-2009 04:25
I expect that the more attractive properties are just decreasing in value more slowly than the bottom tier of Mainland parcels. There may be some extraordinary spots that will never see much decrease (Boardman comes to mind), but they'll be fewer and fewer if there's no improvement at the bottom.
In the past few months I've seen very nice protected waterfront--even protected on two or more sides of the parcel bordering water sims two or more deep--going for under L$10/m2 on the Atoll. They don't last long, but apparently that level of prime land is beyond bots' ability to recognize, so they're there if one is quick enough to spot them and patient enough to keep trying.
I'm pretty sure Jack is hoping that this is all just a temporary, Zindra-induced glitch in the market and that it will come back strong enough that the rest of Zindra can be auctioned off starting in a few weeks. In fact, they've been telling folks who were denied the land swap that they just have to wait for those auctions. Given market conditions, however, it's difficult to guess how low they'll have to set the opening bid to get any takers.
(Tip: If you don't mind the Adult rating, I predict that Zindra will have some real bargain double-primmed waterfront for sale by Residents, once the auctions start. The much-predicted lag-fest really only obtained on a handful of club-intensive sims, so these could be nice properties, but be careful about the zoning: city parcels can't be split/joined nor can they be terraformed, so make sure that's really what you want before buying.)
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Conifer Dada
Hiya m'dooks!
Join date: 6 Oct 2006
Posts: 3,716
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08-24-2009 04:49
Whatever happens to the going market rate for land, you can be sure that there will still be some 16 metre plots for sale at L$99,999 or more!!!
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Milla Janick
Empress Of The Universe
Join date: 2 Jan 2008
Posts: 3,075
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08-24-2009 05:25
From: Conifer Dada Whatever happens to the going market rate for land, you can be sure that there will still be some 16 metre plots for sale at L$99,999 or more!!! Someone had cut some insanely priced 16M plots out of the parcel behind my home, and it bugged me at first. After thinking about it a while, now that they can't use them for obnoxious ads, it's like having protected land. The one big parcel has moved between land flippers. No resident will buy it to build on because of the holes.
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Anya Ristow
Vengeance Studio
Join date: 21 Sep 2006
Posts: 1,243
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08-24-2009 05:32
From: Sherry Woodford There is a Russian guy that has a lot of 512 parcels for $6,755 He's been doing that with the same prices for two years. There are several of his 512's in the sim next to me that have been on the market for two years, and some others nearby that have been on the market since about March of this year, so he's still active. One theory I had was that he didn't have to pay tier (a Linden alt?), but the math works out that he'd break even if his parcels sat for ten months. The parcels he holds near me were bought at 3500-3800, so he's theoretically lost a bundle on them. If he pays tier.
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Marcush Nemeth
Registered User
Join date: 3 Apr 2007
Posts: 402
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08-24-2009 05:37
From: Amaranthim Talon Though if I could I wd buy out the neighbor raising chickens just to teminate their unceasing cackle! Just ask your neighbour politely to activate "restrict spacialized sound" in his land options menu. If he's an A after your polite question, AR him for "breaking the peace". If he goes mental on you after the AR, kill the chickens. There are many hilarious way to get rid of them 
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Eli Schlegal
Registered User
Join date: 20 Nov 2007
Posts: 2,387
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08-24-2009 05:46
From: Marcush Nemeth Just ask your neighbour politely to activate "restrict spacialized sound" in his land options menu. If he's an A after your polite question, AR him for "breaking the peace". If he goes mental on you after the AR, kill the chickens. There are many hilarious way to get rid of them  Restrict spacialized sound on your own parcel works just as well.
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Holocluck Henly
Holographic Clucktor
Join date: 11 Apr 2008
Posts: 552
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08-24-2009 05:52
From: Marianne McCann Likewise, much of Bay City and Nova Albion remains high, though there has been a *small* drop in cost. Shermerville land remains all but untouchable. Which is stupid re Bay City since many are trying to leave due to oppressive lag from the infohubs. Doesnt "devalue" ever occur to them? Some have sat on land there for over a year. DONATE it to me, someone who will make something fun and art deco-like and contribute something aesthetically to the community. At least it won't go wasted. Some of us are simply trying to make mainland a better place and have no delusions about making a million dollars. Re Shermerville, that's mostly presumed residences and not intended for sales, though there are a few neighborhood type stores. The bookstore next to me doesnt sell anything though; it contributes to the community aesthetics. One can see there's affluence to pay for, but like Bay City, don't expect anything there to pay your costs back.
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Blot Brickworks
The end of days
Join date: 28 Oct 2006
Posts: 1,076
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08-24-2009 06:14
My tier is at the $40 + vat level and that is as far as I am going .It takes me roughly 10 days to make that. 2 weeks ago I finally used my 512 freebie by purchasing a protected linden roadside plot(no actual road built there yet and I won't hold my breath.LOL)for L$1550.Took a day to set up my texture satellite store and recouped in 6 days.well pleased.Found this from a tip on the forums here. If you could hold double the land for the same tier I would double my holdings with no problems but that is the only way although I am totally out of prims and am forced to build big stuff in a sandbox. I am desperate for more prims!!
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Holocluck Henly
Holographic Clucktor
Join date: 11 Apr 2008
Posts: 552
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08-24-2009 06:31
40 bucks US a month is plenty for me for now. Unless I win the lottery. I purchased a roadside plot overlooking a marina and oceanview apartments. I'm putting in a diner. No plans to sell anything. Just for people to eat in  It too was very cheep. But for something one doesn't plan to make money off of, why should I suffer for my downtime? No pity have I for land barons.
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Gummi Richthofen
Fetish's Frasier Crane!
Join date: 3 Oct 2006
Posts: 605
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08-24-2009 06:35
I am very close to abandoning enough land to fit in the next tier tranche down. There are abandoned parcels all around me, or were the last time I looked. I am apparently, not a builder, and self-evidently my efforts to either sell land or inveigle people who need premises to take some of the weight off have failed. Now I'm in the online business, so I claim my tier as research costs, against tax: but I still think it's invidious for the prices to fall this far, but the tier to remain unchanged.
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Holocluck Henly
Holographic Clucktor
Join date: 11 Apr 2008
Posts: 552
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08-24-2009 06:57
From: Gummi Richthofen I am very close to abandoning enough land to fit in the next tier tranche down. There are abandoned parcels all around me, or were the last time I looked. I am apparently, not a builder, and self-evidently my efforts to either sell land or inveigle people who need premises to take some of the weight off have failed. Now I'm in the online business, so I claim my tier as research costs, against tax: but I still think it's invidious for the prices to fall this far, but the tier to remain unchanged. I abandoned a tiny strip which not only allowed me to get my diner land, it ensures a padding between me and neighbors for a long long time. ;P
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Blot Brickworks
The end of days
Join date: 28 Oct 2006
Posts: 1,076
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08-24-2009 06:57
From: Gummi Richthofen I am very close to abandoning enough land to fit in the next tier tranche down. There are abandoned parcels all around me, or were the last time I looked. I am apparently, not a builder, and self-evidently my efforts to either sell land or inveigle people who need premises to take some of the weight off have failed. Now I'm in the online business, so I claim my tier as research costs, against tax: but I still think it's invidious for the prices to fall this far, but the tier to remain unchanged.[/QUOTE
Don't abandon. Check out the lowest price in search.Cut your land into 512's and set it for sale at a little higher than the lowest and wait.If the bots don't grab it reduce a little at a time till they do.At least you get something back that this way.
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Gummi Richthofen
Fetish's Frasier Crane!
Join date: 3 Oct 2006
Posts: 605
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08-24-2009 07:05
From: Blot Brickworks Don't abandon. Check out the lowest price in search.Cut your land into 512's and set it for sale at a little higher than the lowest and wait.If the bots don't grab it reduce a little at a time till they do.At least you get something back that this way. Interesting point, thanks - thing is, I'll end up with neighbours I don't want, and I remember from peak value periods just exactly how screwed up neighbours can be...
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Czari Zenovka
I've Had it With "PC"!
Join date: 3 May 2007
Posts: 3,688
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08-24-2009 07:07
From: Conifer Dada If we get a land over-supply situation that is long lived, I would like to see the tier-free limit raised from 512 sq metres to 1024 sq metres. With low land prices, I'm guessing that a lot of people, especially those who currently only own 512m, would buy an extra 512. That would also help to push up land prices a bit. QFT!!
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