Land market expanding?

It's a totally unscientific observation, but it seems that on the sims where I own land and neighbouring sims more and more parcels go up for sale. Prices are reasonable to outrageous, so it's not panic selling but rather "let's try to finish with a win". I have the impression that more and more shops, clubs, rental places, etc. are folding up and owners are trying to sell off. I see more yellow on the map than I did ever before.

With Pornopolis parcels not yet available I doubt it's preemptive selling to open a place there.

Now... is this expanding land market just my imagination or are you observing the same?

Well I'm not seeing bargain prices where I want, Bedos, Molay and Sawsnake, bloody Ninjas seem to find the land though I'm not seeing more than I'm used to seeing and don't see any sense of panic anywhere but maybe it's the sims I operate in.

In my area ive happen over and over during the last couple of years...seems like people acquire some land, add more, then get rid of it all...someone else comes along and buys it and the cycle continues. Right now there is a good amount of land in the sim where my store is, but most of it was owned by one person who seems to have pulled out of some unsuccessful biz ventures. now it appears it is being bought by more and more folks who are using it for residences. Prices are all over the board from real good deals to wayyyy too much.

I've got a small parcel next to my place that's had the same few random objects left on it for over 2 years by a rez-and-run Premium newbie. I wouldn't mind if that came on the market!

Expanding? What you are most likely seeing is people starting to sell off and tier down, without taking too much of a blood bath in the process. As we get closer to the forced moves, and to the eventual merger of the teen and main grids, you'll see more panic-level pricing.

I wouldn't buy land in this market, and i pity those who are trying to sell.

Somebody must have the statistics. Subjectively, it seems like areas on Jeogeot that I visit have turned much more yellow just in the past few weeks.

I picked up a little waterfront on Heterocera this morning for L$10/m2, road on one side, and two-sim-wide protected water on the other. (It's only 1536 sq.m., so I figure that little patch will be fun for vehicle testing, even after the Great Gentrification.) Seemed an unusually good price for that kind of land.

It's spring. Much of the western world went through a time change, taking away evening computer hours and exchanging it for barbeque time.

Repeating my posts of 2008, 2007 and 2006 on this - it won't get much better until next fall. This was the silent spring of 2009 I was talking about, when the openspace mess hit. Record concurrency means nothing to a land based business model, when people aren't buying land.

The only thing that dented this trend was last year's doubling of the openspace prims, and selling openspaces one by one. This year we'll have the opposite: homesteads will go to 125/month at the beginning of summer. Incredible timing for that move, I know.

Be prepared to last through the summer like this, if you are in the land biz.

I'll be amazed if they go through with that second price hike. I just don't see it happening when the market is so flat.

It's definitely going to be interesting, all right. Either waffle on a decision (bad) or kick the economy hard when it's down (bad).

I'm still heavily into voids (21 of them) so believe me I'm watching this one close. But hey, I'm keeping my forum composure! Good thing you guys can't see me through the monitor!

laughs

I think they'll play the loyalty card Desmond. When we asked Jack why there was no grandfathering he said the previous scheme had been to reward early adopters. When we asked Jack why 4 to 1 conversions had became 3 to 1 conversions he said it was to reward loyalty, I can see them saying the price hike has been suspended to reward those who stayed loyal.

i'll bet you are using lots n lots of symbols. $@*!%

I'm actually seeing the opposite on my sim, Warbluster (water sim with two protected Linden Oceans bordering).

We've lived there over a year and a half and for most of that time I'd say over half the map was yellow with a few brief people that began businesses and sold out.

Over the last few weeks one particular person has purchased quite a few of the parcels (for some really high asking prices) and another purchased by a land investor. In less than a month our sim has gone from mostly yellow to about 3 small plots for sale.

There is an increasing amount of yellow on the map. Some of the yellow is entire sims or big chunks of sims. Mainland I mean. I haven't a clue nor any interest in PI's.
Prices are all over the place. Actual selling prices are as much all over the place as are asking prices. There is no market price except for desert/ghetto land.
There is an increasing amount of purple. I've even seen purple sims - as in 'Abandoned the day before tier day'. I can't honestly say "They're everywhere!!!", but I do see them. Big dreams bitten by continuing tier. Compared to 2D web-hosting costs, SL tier is kind of exotic.

This is not particularly surprising in the unstable wild west of the new continents, but I see parcels coming up in scenic parts of the old continents that could not be had for love nor money a while back. It's more marked than at the time of the disappearance of the casinos.
I'm more into interesting locations than in "land", so I'd notice that kind of thing.

"Land market is expanding" is an upbeat way of describing 'shit all over the place'. I've dumped parcels that I would have killed for a while back - so I can use the tier for better places that became available.
My Ninja-rented tier keeps creeping up dammit!! I'm a junkie, but I'm at around my limit.

Are we doomed?
Nope. I just see it as a shakeout. The timid and the tired are having a crisis.
Anyone in for the long haul has options and opportunities.
For instance, I built a parcel with one boundary on the Linden railway and another boundary on Route.1 -- for an average of 6/metre. That's a bit insane by the standards of a while back.

I don't have any land that doesn't have at least one Linden protected boundary. It has to have paved road on one boundary and water on another for me to get interested these days. How times change! That sort of land continues to pop up, but I already have at least as much as I feel that I'll be able to play with. The tier is the same as for granite desert or the dreaded 'flat green'. The once-off purchase price isn't really an issue if you're not buying by the sim-load. I really don't understand why anyone but a land-dealer would pass on buying oceanside or roadside land just to save a low number of L$/m.

The tier is the killer.
I think that a significant hike in Mainland tier would trigger a Yellow-bath. (Custard-bath?)

Its just the same ole pattern as always, fluctutes over a period of time. People simply come and go for many reasons... some people burnout after a few weeks owning land and others leave for financial reasons. Others just hoping for a profit...