$l80,000!!!! Omg!

OMG! I just checked my mail to see the pricing for paying your land taxes in linden cash, I have about 9000 sq m, that's 80,000! that is ridiculous!

I'm pretty sure you'll find L$80,000 is equivilent to the monthly charge in $USD when it is possible to convert $L -> $USD.

Haha that's a lot of events.

Well I think both ways stink, it's either 80,000 or 50 bucks a month

My first glance put it at $2,000L = $1USD for land allotments.

$10,000L for 512 or $5USD (5 * 2,000 = 10,000) I have to admit I didn't compare the top numbers.

That definately devalued the $L.

Does anyone get the feeling they'd really prefer we all lived on little plots of land in starter cabins?

'40 acres and a mule.'

More like a shack and an arthritic hound dog.

It's times like these when I wish I was back in beta. When life was simpler and not so expensive and tied into my real life money.

Here's why There did worse than SL IMO: There had it where depending on how much USD you had to blow on the game, the better the game was for you. I personally don't want my real life finances to be tied into my experience with it. SL seems to be going in this direction, but the money spent is a little different based on the community's needs just as There was. There is for buying crap, SL is for buying land.

LINDEN LABS, DON'T MAKE THE MISTAKE THERE DID!!! (IMO)

LOL that just busted me up!

I needed a good laugh too

How about putting a sheet of courrigated iron and 2 sticks...

under 1.2 could a single 4 x 4 plot contain that?

maybe - but even with a texture I don't think I can put a dog up

Siggy.

Well, yeah. Since they upped the prim per parcel, it could support that. Don't upload any textures though, cause with the tiny grants, it'll break ya in a heartbeat. Honestly, I hope they realise that nobody will shop anymore with these tiny portions of money. And the fact that ratings are junk now and nothing more than a damn popularity contest.

I am not a popular folks. But I am a nice guy and almost everyone I've met has rated my behavior and looks well. That now means squat because I'm not a socializer. Hell, I might as well neg rate myself to zero for all the good it'll do. Pfft.

Where is my email? Dare I ask?

if you're not getting the emails, send a note to robin at [email]support@lindenlab.com[/email]. he answered mine within 12 hours.

Why don't they just take a gun out and rob us !
Would basically be the same thing.

(This is a figure of speech people not to be taken as if they would really do it .)


I still like the Lindens as people but I do think this went to their head a bit.

Oh well . You cant win them all. 3 choices here .

1. Like it and continue
2. Don't Like it and continue
3. Quit

Cant fight city hall and they said they DONT need the money
Go Figure .

Isn't that a bit of an exaggeration?

Nick, are you a lifer? If so, don't forget that 4096 sq. m. is already covered, so you'd have to pay for (or give up) about 5000 sq. m.
I guess that doesn't help much though, does it?

It doesn't surprise me in the least that there's a high L$/RL$ ratio. People who are highly motivated to own a lot of land will have to make something worthwhile to the community with that land, in order to support it. It could also encourage group ownership and development. In other words, all this could help foster community and make the world more interesting. And increase the density of interestingness, which will attract a greater density of people, and make the world feel less empty.

Or maybe a bunch of rich people will buy a bunch of land and do nothing with it. But come on, people are in SL for a reason, not just to dump money down a drain.

[

So now my extra land costs me 50.000 $Linden a month. The land I earned the right to buy pre 1.2, afforded with the system as is, worked hard the past several months to acquire. Now I find out what used to cost me approximately 12,000$L/mo. will now cost me 50,000$L/mo. I realize I probably own too much, but come on, 38k too much? 400+% land cost inflation? I have never even approached 38k in net worth. I am all for compromise, but this is just whacked.

I believe fully that you are completely incorrect in this assumption. Money paid out daily is going up from $7k to $24k. Stipend and bonus are going down BUT you don't have taxes draining it away! For the last 10+ months I have never received any of my bonus or stipend as cash. Never.

There will be a MUCH larger influx of cash into the system, with fewer drains on it. With L$ costs to raise land cap as they are not many are going to put their money there. Which means you are garuanteed able to upload 50 textures or sounds a week, assuming no dwell or ratings or other income.

I'm really sorry you all are upset that your 9000sq of land are being troublesome for you, but consider again the problems that have been caused in this game. People have been complaining about land for months and months now, with no way to fix it, and now that people with 9000sq have to give up some, new land will be available for newcomers (and oldcomers). Before you think this is scandalous, consider what you are using all of your 9000sq for and what you will be doing for SL by either paying for the resources (land) you are using on the servers (that's over an 1/8 of a sim, folks) or giving some of the land up so some others can make a build.

Just because all of 3 people were hoarding land or prims, does NOT justify in any way changing the whole system.
If anything, land/prim overuse should have been added as a TOS violation and acted upon when reported as abuse.

Ah... see, I was nervous about the exchange rate, especially since nobody ever posted even a tentative number on it. And here's why. That really is ridiculous. The value of the $L, as it feels right to me, is $L100 = $1. And here's why:

$ 0.01 = $L1    to rate someone.
$ 0.10 = $L10   to rez a prim (pre-point-two)
$ 5.00 = $L500  for a snazzy toy, new outfit, or other disposable income
$10.00 = $L1000 or more for a small investment, like a vehicle

The unfortunate fact of the matter is that there's so much $L floating around right now that it doesn't matter what feels like the right exchange rate. Some people in the game made a LOT of money (albiet the vast majority by merit and hard work) before $L started to really have a recognizable value, and before we even considered a conversion rate to $US. For example, I caught the end of alpha and have just over $L 13,000. That's not much compared to people with massive cash, but that'd calculate out to a $130 check. Someone with about $L 1,000,000 would come out to a $1000 check! So yeah... I think $L will be artificially inflated for a good long while, but I hope that as time goes on and we adapt to an economy where our commodities are tied indirectly to $RL, we start to see some sane conversion rates. From an academic perspective, I can't wait to see how all these numbers pan out and how SL society reacts. =^_-=

I will take 1200sqm of water front land off your hands "

For those of you who, like me, didn't receive the email, the official FAQ has been updated to include the L$ rates.

When comparing to the old tax rates, keep in mind that these are *monthly* rates, where we're use to thinking in terms of *weekly* rates. So quadrulple your old tax rate, add a little more, and then compare.

That said, it still looks pretty steep: L$10,000 per month ($2307/week) for an extra 512m. (Admittedly, that's the worst case; the L$/m gets a lot lower with larger allotments.) And the L$2000 = US$1 conversion rate makes the prospect of "buying success" in SL with US$ even more worrisome. (A lot will depend on how easy it is to transmute US$ into L$ indirectly, e.g. by making a big land auction purchase with US$, turning around and auctioning it in-world for L$.)

On the other hand, it means the small amounts of US$ awarded in the developer incentives translate to meaningful amounts of L$; a $10 developer award is equivalent to L$20,000.

I need to see how it plays once it's deployed. And it would be helpful if LL can keep score "on paper", and tell us how much our actions would have cost us, during the grace period.

Still ... sounds like it's gonna sting.

v1.2 summarized:
Hey guys! Guess what we cool cats here in Linden Lab came up with! NO MORE TAXES! YAY!! WOOOT!!!
Instead of paying us with play money we are now going to allow you to pay with real money!
But dont worry, if you're THAT low on cash we will let you keep paying with linden bucks! YEAH!
So... those $2k a week that used to afford you 4096 sq. meters (1/16th sim) are now going to afford you a grand total of 512 sq. meters!
But no, we didnt increase taxes, in fact we dumped them altogether. No taxes. Yay. woot.. Er... what are you doing with that large metal pipe... *SPLORT*

For whatever it's worth, the free market at gamingopenmarket.com places it at L$312.50 = $1 right now.

I expect that's going to drop significantly because of:
* US$ auctions for new sim land
* The lower conversion rate available from LL (but remember this conversion is L$->US$ only, and not the other way)
* No more land and prim taxes to support
* Nobody will convert US$ to L$ for paying land fees since US$ will always be cheaper.