Second Life Forums Archive - Land prices on the up!

Conifer Dada

Hiya m'dooks!

Join date: 6 Oct 2006

Posts: 3,716

01-11-2009 15:55

Mainland land prices have started going up again recently. The minimum prices are about double what they were at their lowest. Obviously this is to do with supply and demand and it goes against the trend of what's happening in the real world, but has anyone got any further thoughts?

_____________________

Ciaran Laval

Mostly Harmless

Join date: 11 Mar 2007

Posts: 7,951

01-11-2009 15:58

Mainland improvements are helping I'd say. I popped to a sim I've got land in recently and found a whopping great road through the middle of it. This is actually a vast improvement and has increased the value of some of the roadside plots.

Conifer Dada

Hiya m'dooks!

Join date: 6 Oct 2006

Posts: 3,716

01-11-2009 16:01

My home is roadside, I've been looking forward to a nice smooth road running past my front door! Maybe soon it'll happen!

_____________________

Talarus Luan

Ancient Archaean Dragon

Join date: 18 Mar 2006

Posts: 4,831

01-11-2009 16:42

From: Conifer Dada

Mainland land prices have started going up again recently. The minimum prices are about double what they were at their lowest. Obviously this is to do with supply and demand and it goes against the trend of what's happening in the real world, but has anyone got any further thoughts?

Dunno what prices you are looking at, but the "minimum" prices are around L$3.7-4.0/sqm on the first page of Land Search for 512sqm Mature Mainland, which is about what they have been for the last, oh, 10 months?

Yeah, the lowest I remember was in the mid-L$2s, but that was a short period (about a month); they recovered back up into the low-to-mid L$3s and have been pretty flat for at least a couple months now.

I don't see a long-term trend going up very quickly, if at all.

Can always look at LL's charts, if you can believe their numbers (which are admittedly cooked to their own statistical criteria by Jack).

Joy Iddinja

Registered User

Join date: 15 Sep 2006

Posts: 344

Just Started a New Blog with my Opinion

01-11-2009 20:10

I have just started a new realty blog and used this issue to make my second post. Go here for my insights on this issue:

http://joyiddinja.blogspot.com/

Elanthius Flagstaff

Registered User

Join date: 30 Apr 2006

Posts: 1,534

01-11-2009 23:14

Pretty steadily moving upwards if you ask me. Buy this week, sell next week you can't fail to make a profit!
2008-10-20 3.21
2008-10-21 3.21
2008-10-22 3.22
2008-10-23 3.22
2008-10-24 3.22
2008-10-25 3.23
2008-10-26 3.25
2008-10-27 3.26
2008-10-28 3.27
2008-10-29 3.27
2008-10-30 3.28
2008-10-31 3.29
2008-11-01 3.28
2008-11-02 3.30
2008-11-03 3.30
2008-11-04 3.31
2008-11-05 3.31
2008-11-06 3.33
2008-11-07 3.33
2008-11-08 3.35
2008-11-09 3.37
2008-11-10 3.38
2008-11-11 3.39
2008-11-12 3.39
2008-11-13 3.40
2008-11-14 3.39
2008-11-15 3.39
2008-11-16 3.39
2008-11-17 3.38
2008-11-18 3.38
2008-11-19 3.37
2008-11-20 3.36
2008-11-21 3.36
2008-11-22 3.36
2008-11-23 3.36
2008-11-24 3.36
2008-11-25 3.36
2008-11-26 3.36
2008-11-27 3.37
2008-11-28 3.38
2008-11-29 3.38
2008-11-30 3.38
2008-12-01 3.38
2008-12-02 3.38
2008-12-03 3.39
2008-12-04 3.39
2008-12-05 3.40
2008-12-06 3.40
2008-12-07 3.41
2008-12-08 3.41
2008-12-09 3.42
2008-12-10 3.42
2008-12-11 3.42
2008-12-12 3.43
2008-12-13 3.44
2008-12-14 3.44
2008-12-15 3.46
2008-12-16 3.47
2008-12-17 3.49
2008-12-18 3.53
2008-12-19 3.54
2008-12-20 3.56
2008-12-21 3.58
2008-12-22 3.61
2008-12-23 3.66
2008-12-24 3.69
2008-12-25 3.69
2008-12-26 3.72
2008-12-27 3.73
2008-12-28 3.75
2008-12-29 3.76
2008-12-30 3.77
2008-12-31 3.78
2009-01-01 3.81
2009-01-02 3.82
2009-01-03 3.82
2009-01-04 3.82
2009-01-05 3.83
2009-01-06 3.83
2009-01-07 3.84
2009-01-08 3.85
2009-01-09 3.85
2009-01-10 3.85
2009-01-11 3.86

_____________________

Visit http://ninjaland.net for mainland and covenant rentals or visit our amazing land store at Steamboat (199, 56).

Also, we pay L$0.15/sqm/week for tier donated to our group and we rent pure tier to your group for L$0.25/sqm/week.

Free L$ for Everyone - http://ninjaland.net/tools/search-scumming/

Elanthius Flagstaff

Registered User

Join date: 30 Apr 2006

Posts: 1,534

01-11-2009 23:25

Oh also, mainland improvements don't affect the bottom of the market which is what people are mostly talking about here. Apart from the occasional hidden jewel that the button mashers are desperately searching for the bottom of the market will naturally be the dregs of the mainland, the worst possible parcels you can find.

_____________________

Visit http://ninjaland.net for mainland and covenant rentals or visit our amazing land store at Steamboat (199, 56).

Also, we pay L$0.15/sqm/week for tier donated to our group and we rent pure tier to your group for L$0.25/sqm/week.

Free L$ for Everyone - http://ninjaland.net/tools/search-scumming/

Gordon Wendt

404 - User not found

Join date: 10 May 2006

Posts: 1,024

01-11-2009 23:40

I remember when it was 11-12 L$ or even 13 in some cases L$ per sqm but that's before LL pulled a Lindex and started to "stabilize" land prices.

_____________________

Twitter: http://www.twitter.com/GWendt
Plurk: http://www.plurk.com/GordonWendt

GW Designs: XStreetSL

Rockwell Ginsberg

Boss

Join date: 3 Oct 2006

Posts: 560

01-12-2009 07:58

From: Elanthius Flagstaff

Pretty steadily moving upwards if you ask me. Buy this week, sell next week you can't fail to make a profit!

What he said.

_____________________

I buy mainland! Contact me for a quote!

Cappy Frantisek

Open Source is the Devil!

Join date: 27 Oct 2006

Posts: 400

01-12-2009 08:02

From: Ciaran Laval

Mainland improvements are helping I'd say. I popped to a sim I've got land in recently and found a whopping great road through the middle of it. This is actually a vast improvement and has increased the value of some of the roadside plots.

And just what does a road by your plot get you? A road by your plot, nothing else.

Rockwell Ginsberg

Boss

Join date: 3 Oct 2006

Posts: 560

01-12-2009 08:05

The main factor driving price right now is the lack of new mainland sim auctions.

LL IS TELLING US THAT MAINLAND IS TOO CHEAP AND THAT THEY WILL ACT TO BRING THE PRICE BACK UP!

_____________________

I buy mainland! Contact me for a quote!

Elanthius Flagstaff

Registered User

Join date: 30 Apr 2006

Posts: 1,534

01-12-2009 08:07

http://spreadsheets.google.com/ccc?key=p9UvVVpXKcynkZrFANzphLw#

_____________________

Visit http://ninjaland.net for mainland and covenant rentals or visit our amazing land store at Steamboat (199, 56).

Also, we pay L$0.15/sqm/week for tier donated to our group and we rent pure tier to your group for L$0.25/sqm/week.

Free L$ for Everyone - http://ninjaland.net/tools/search-scumming/

Sling Trebuchet

Deleted User

Join date: 20 Jan 2007

Posts: 4,548

01-12-2009 08:12

From: Rockwell Ginsberg

The main factor driving price right now is the lack of new mainland sim auctions.

LL IS TELLING US THAT MAINLAND IS TOO CHEAP AND THAT THEY WILL ACT TO BRING THE PRICE BACK UP!

It's not unusual to look at Map these days and see an entire mainland sim in purple. You'll see entire sims in yellow too.

Okies folks!

We need a few non-land-dealers to post some "Buy now. It's going up"
Just to get a balanced view you understand!

( I'll get me coat)

Cappy Frantisek

Open Source is the Devil!

Join date: 27 Oct 2006

Posts: 400

01-12-2009 08:13

From: Rockwell Ginsberg

The main factor driving price right now is the lack of new mainland sim auctions.

LL IS TELLING US THAT MAINLAND IS TOO CHEAP AND THAT THEY WILL ACT TO BRING THE PRICE BACK UP!

Sure because mainland is their rental plots!

Sling Trebuchet

Deleted User

Join date: 20 Jan 2007

Posts: 4,548

01-12-2009 08:15

From: Cappy Frantisek

And just what does a road by your plot get you? A road by your plot, nothing else.

1) A boundary where nobody can crowd you in. A sense of space.
2) A sense of place. A permanancy.
3) A total blast as you drive your vehicle off your parcel and explore the highways.

Land prices on the up!
Conifer Dada Hiya m'dooks! Join date: 6 Oct 2006 Posts: 3,716	01-11-2009 15:55 Mainland land prices have started going up again recently. The minimum prices are about double what they were at their lowest. Obviously this is to do with supply and demand and it goes against the trend of what's happening in the real world, but has anyone got any further thoughts? _____________________
Ciaran Laval Mostly Harmless Join date: 11 Mar 2007 Posts: 7,951	01-11-2009 15:58 Mainland improvements are helping I'd say. I popped to a sim I've got land in recently and found a whopping great road through the middle of it. This is actually a vast improvement and has increased the value of some of the roadside plots.
Conifer Dada Hiya m'dooks! Join date: 6 Oct 2006 Posts: 3,716	01-11-2009 16:01 My home is roadside, I've been looking forward to a nice smooth road running past my front door! Maybe soon it'll happen! _____________________
Talarus Luan Ancient Archaean Dragon Join date: 18 Mar 2006 Posts: 4,831	01-11-2009 16:42 From: Conifer Dada Mainland land prices have started going up again recently. The minimum prices are about double what they were at their lowest. Obviously this is to do with supply and demand and it goes against the trend of what's happening in the real world, but has anyone got any further thoughts? Dunno what prices you are looking at, but the "minimum" prices are around L$3.7-4.0/sqm on the first page of Land Search for 512sqm Mature Mainland, which is about what they have been for the last, oh, 10 months? Yeah, the lowest I remember was in the mid-L$2s, but that was a short period (about a month); they recovered back up into the low-to-mid L$3s and have been pretty flat for at least a couple months now. I don't see a long-term trend going up very quickly, if at all. Can always look at LL's charts, if you can believe their numbers (which are admittedly cooked to their own statistical criteria by Jack).
Joy Iddinja Registered User Join date: 15 Sep 2006 Posts: 344	Just Started a New Blog with my Opinion 01-11-2009 20:10 I have just started a new realty blog and used this issue to make my second post. Go here for my insights on this issue: http://joyiddinja.blogspot.com/
Elanthius Flagstaff Registered User Join date: 30 Apr 2006 Posts: 1,534	01-11-2009 23:14 Pretty steadily moving upwards if you ask me. Buy this week, sell next week you can't fail to make a profit! 2008-10-20 3.21 2008-10-21 3.21 2008-10-22 3.22 2008-10-23 3.22 2008-10-24 3.22 2008-10-25 3.23 2008-10-26 3.25 2008-10-27 3.26 2008-10-28 3.27 2008-10-29 3.27 2008-10-30 3.28 2008-10-31 3.29 2008-11-01 3.28 2008-11-02 3.30 2008-11-03 3.30 2008-11-04 3.31 2008-11-05 3.31 2008-11-06 3.33 2008-11-07 3.33 2008-11-08 3.35 2008-11-09 3.37 2008-11-10 3.38 2008-11-11 3.39 2008-11-12 3.39 2008-11-13 3.40 2008-11-14 3.39 2008-11-15 3.39 2008-11-16 3.39 2008-11-17 3.38 2008-11-18 3.38 2008-11-19 3.37 2008-11-20 3.36 2008-11-21 3.36 2008-11-22 3.36 2008-11-23 3.36 2008-11-24 3.36 2008-11-25 3.36 2008-11-26 3.36 2008-11-27 3.37 2008-11-28 3.38 2008-11-29 3.38 2008-11-30 3.38 2008-12-01 3.38 2008-12-02 3.38 2008-12-03 3.39 2008-12-04 3.39 2008-12-05 3.40 2008-12-06 3.40 2008-12-07 3.41 2008-12-08 3.41 2008-12-09 3.42 2008-12-10 3.42 2008-12-11 3.42 2008-12-12 3.43 2008-12-13 3.44 2008-12-14 3.44 2008-12-15 3.46 2008-12-16 3.47 2008-12-17 3.49 2008-12-18 3.53 2008-12-19 3.54 2008-12-20 3.56 2008-12-21 3.58 2008-12-22 3.61 2008-12-23 3.66 2008-12-24 3.69 2008-12-25 3.69 2008-12-26 3.72 2008-12-27 3.73 2008-12-28 3.75 2008-12-29 3.76 2008-12-30 3.77 2008-12-31 3.78 2009-01-01 3.81 2009-01-02 3.82 2009-01-03 3.82 2009-01-04 3.82 2009-01-05 3.83 2009-01-06 3.83 2009-01-07 3.84 2009-01-08 3.85 2009-01-09 3.85 2009-01-10 3.85 2009-01-11 3.86 _____________________ Visit http://ninjaland.net for mainland and covenant rentals or visit our amazing land store at Steamboat (199, 56). Also, we pay L$0.15/sqm/week for tier donated to our group and we rent pure tier to your group for L$0.25/sqm/week. Free L$ for Everyone - http://ninjaland.net/tools/search-scumming/
Elanthius Flagstaff Registered User Join date: 30 Apr 2006 Posts: 1,534	01-11-2009 23:25 Oh also, mainland improvements don't affect the bottom of the market which is what people are mostly talking about here. Apart from the occasional hidden jewel that the button mashers are desperately searching for the bottom of the market will naturally be the dregs of the mainland, the worst possible parcels you can find. _____________________ Visit http://ninjaland.net for mainland and covenant rentals or visit our amazing land store at Steamboat (199, 56). Also, we pay L$0.15/sqm/week for tier donated to our group and we rent pure tier to your group for L$0.25/sqm/week. Free L$ for Everyone - http://ninjaland.net/tools/search-scumming/
Gordon Wendt 404 - User not found Join date: 10 May 2006 Posts: 1,024	01-11-2009 23:40 I remember when it was 11-12 L$ or even 13 in some cases L$ per sqm but that's before LL pulled a Lindex and started to "stabilize" land prices. _____________________ Twitter: http://www.twitter.com/GWendt Plurk: http://www.plurk.com/GordonWendt GW Designs: XStreetSL
Rockwell Ginsberg Boss Join date: 3 Oct 2006 Posts: 560	01-12-2009 07:58 From: Elanthius Flagstaff Pretty steadily moving upwards if you ask me. Buy this week, sell next week you can't fail to make a profit! What he said. _____________________ I buy mainland! Contact me for a quote!
Cappy Frantisek Open Source is the Devil! Join date: 27 Oct 2006 Posts: 400	01-12-2009 08:02 From: Ciaran Laval Mainland improvements are helping I'd say. I popped to a sim I've got land in recently and found a whopping great road through the middle of it. This is actually a vast improvement and has increased the value of some of the roadside plots. And just what does a road by your plot get you? A road by your plot, nothing else.
Rockwell Ginsberg Boss Join date: 3 Oct 2006 Posts: 560	01-12-2009 08:05 The main factor driving price right now is the lack of new mainland sim auctions. LL IS TELLING US THAT MAINLAND IS TOO CHEAP AND THAT THEY WILL ACT TO BRING THE PRICE BACK UP! _____________________ I buy mainland! Contact me for a quote!
Elanthius Flagstaff Registered User Join date: 30 Apr 2006 Posts: 1,534	01-12-2009 08:07 http://spreadsheets.google.com/ccc?key=p9UvVVpXKcynkZrFANzphLw# _____________________ Visit http://ninjaland.net for mainland and covenant rentals or visit our amazing land store at Steamboat (199, 56). Also, we pay L$0.15/sqm/week for tier donated to our group and we rent pure tier to your group for L$0.25/sqm/week. Free L$ for Everyone - http://ninjaland.net/tools/search-scumming/
Sling Trebuchet Deleted User Join date: 20 Jan 2007 Posts: 4,548	01-12-2009 08:12 From: Rockwell Ginsberg The main factor driving price right now is the lack of new mainland sim auctions. LL IS TELLING US THAT MAINLAND IS TOO CHEAP AND THAT THEY WILL ACT TO BRING THE PRICE BACK UP! It's not unusual to look at Map these days and see an entire mainland sim in purple. You'll see entire sims in yellow too. Okies folks! We need a few non-land-dealers to post some "Buy now. It's going up" Just to get a balanced view you understand! ( I'll get me coat)
Cappy Frantisek Open Source is the Devil! Join date: 27 Oct 2006 Posts: 400	01-12-2009 08:13 From: Rockwell Ginsberg The main factor driving price right now is the lack of new mainland sim auctions. LL IS TELLING US THAT MAINLAND IS TOO CHEAP AND THAT THEY WILL ACT TO BRING THE PRICE BACK UP! Sure because mainland is their rental plots!
Sling Trebuchet Deleted User Join date: 20 Jan 2007 Posts: 4,548	01-12-2009 08:15 From: Cappy Frantisek And just what does a road by your plot get you? A road by your plot, nothing else. 1) A boundary where nobody can crowd you in. A sense of space. 2) A sense of place. A permanancy. 3) A total blast as you drive your vehicle off your parcel and explore the highways.

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Land prices on the up!