p2p non-telehub land hike - COMPENSATION PLEASE

It seems clear that LL will almost certainly abolish telehubs, and that the value of telehub land will (already has started ?) fall.

The inevitable companion to this is that non-telehub land will get more expensive. Doubtless the world's overall land value will remain about the same.

This will cause loss and land starvation to the smallest players, with least resources.

Whereas previously they could find cheap land by choosing an inconvenient location where stores, malls, clubs, casinos could not afford to locate, with p2p this option will be gone.

The small player will now have to compete with these interests, and will almost certainly get much less land for his money.

I call for COMPENSATION for every player currently holding only 512m or below, to cover this loss they will suffer at the moment they finally do face a bigger purchase.

If this would be too difficult to implement, we could instead TAX all those currently holding non-telehub land, to take some of this unearned gain from them, and then distribute it as increased stipend, thus achieving a similar effect of reducing the unfairness of this huge windfall perpetrated by the callous Linden machine. (Oh whoops, did we ASK for it ?)

It would be interesting to try to estimate how much gain the implementation of p2p may thus be bringing to some big landbarons, but at a guess some may profit to the tune of tens of thousands of US$ if they hold really significant amounts of non-telehub land (and from the huge number of big-business for-sale signs out in the "sticks" some most certainly do.)

Either NO compensation, or THIS TOO.

Hear Hear.

This is from another thread, but I think it's important. Land values might not change as much as people think.

no, the over all value of land will go down. there will be no added infrastructural value to any land for sellers to leverage for higher prices. the only variable for land will be is its topography and neighbourhood, the later being of little importance. land prices are fundementally tied to the land auctions and auctions will no longer go very high as there will be no hub land to bid up.

the average price of land will approximate the average auction release value of 0.02 USD/m2 or 5 L$/m2. why? because if the value of land exceeds that, land traders will release more auctions to profit from their access to supply. if the land price is below that, land traders will not release auction land because it would be unprofitable in an oversupplied market.

older but unestablished parts of the grid will still have cutthroat low prices while established and full sims will still have skyhigh land prices.

The telehub was a factor in all land prices, but it was a smaller and smaller factor the further you got from the telehub. Land will not suddenly all be the same price, it will simply not have the telehub as a factor anymore.

Not all land is going to go up in price just because it is far from the telehub. The biggest drawbacks on price have always been bordering walls, plywood, flashing spinning signs, and narrow odd shaped peices of land. P2P is not going to save these pieces of land from low prices. Should these people be hurt when they don't get the benefit of a higher priced asset.

I think people took their chances when they made their investment. They have plenty of time to make money off of the land while telehubs still exist, and everyone has known this has been a pushed for feature for a very long time. Some got lucky, and some got hurt. That's the land business for you. If I can buy nice pristine land, and then be surrounded on all sides by 50 spinning signs the next day, I will never be compensated by the loss. We should not start the precedence now that business decisions will be protected everytime someone is about to lose money. That money they get compensated with has to come from somewhere.

But I want compensation for my Snow land, my PG land, my rocky/cloudy land that has been devalued.
And I want compensated for not knowing that it was OK to buy other peoples accounts--think of all the profit money I lost.
And if their AV is not as valuable as I thought they were, then I want compensated if they turned out to be a flop.
And I want to be compensated for loseing my welfare check and being forced to use my creativity and imagination to make money.

Let us assume that you are right on this, Jauani. Is there not currently land with poor access below this price despite being average in other respects ? If so - it's price will, on your assumptions, increase. That is all I am saying, so why are you disagreeing with me?

I am simply trying to highlight the impossibility of "fair compensation". Which is a powerful reason for "no compensation". Which is what I support.

I'm wondering how many more threads we need about the p2p/compensation issue.

I suppose perhaps as many as it takes to get it into the group consciousness that SL must not develop a compensation culture. And that those demanding it are mostly blinded by self-interest, which should be firmly resisted in the interests of both justice and practicality.

This will devalue telehub land, yes, but it will increase the value of land around popular spots instead, forming new "informal zoning".
In real life, infrastructures develop, the playing field changes, so whats so wrong about that in SL too. Land is an investment, and like any investment entails risk ... in this case the smartrt money will have moved out long ago.
It amuses me that all these champions of the Anarchocapitalism inherent in second life begin bleating for compensation when their venture falls through.
In a cry for compensation, they are demanding welfare in a sense.
Can't have it both ways guys, its either unregulated capitalism, which some people get fat on in here, or a tightly regulated system, which protects the little guy, as well as the fat land baron.


And I demand compensation for having read so many whining threads, bleating for compensation.

God... F*CK compinsation!

I want this, I want that, GivemeGivemeGiveme.

This is all I hear from people complaining about P2P-TP. Will land values go up that weren't telehub, maybe. Deal. Will telehub land devalue? The odds point to yes (but not for the reasons people are thinking). DEAL. Investing is a risky business. LIVE WITH IT.

I HIGHLY doubt LL is gonna completely abolish Telehubs. They've been around too long to just get rid of them completely. Most likely P2P-TP will only work if you have a landmark and the parcel is P2P-TP enabled. So quit your b*tching. You wanna keep your telehub value up and maintain traffic going through your telehub area? ENFORCE SOME F*CKING QUALITY CONTROL AND REMOVE YOUR TELEHUB TRAPS! Bulldoze over those lame tacky malls where the only ones who profit are the landbarons and mall owners. If you want to have a mall there fine, at least make it look good! Offer some easy to use passive vendors while your at it to cut down on lag. Do a little advertising instead of relying completely on your location for business. Do something other then showing up just to clean out spaces of those who rent and sitting on your arse in the meantime waiting for money to trickle in. Help your renters and they'll bring in some business.

As for private land owners who purposely live in the boonies to avoid telehub traffic: Deal with it. Chances are someone wanting to start a business is looking at the land next door and ready to move in right now. This happens every day, everywhere. Don't wanna deal with this? Put your land up for sale, bulldoze your home, and once you sell downgrade to basic. If you want you can go back to renting otherwise just crash on your friends' couches like the rest of SL because there's no avoiding it!

What people here haven't relized is that the forums are a vast MINORITY of SL. What like 10% or less actually visit here? Come on people, go around and ask people what they think of P2P-TP. Don't be surprised when 3/4 of the people you talk to don't have a clue what you're talking about. Your homes and businesses aren't in any immidiate danger so sit down, shut up, I'm tired of hearing the b*tching and moaning (especially from the land barons who are crying the loudest, guess what guys its called KARMA so sit back and reflect on every crooked deal you've ever done and stfu already).

END DENIS LEARY-esc RANT

Errrmmm....
Praps I should post here just now and again, to stop skimmers thinking I'm an idiot. To point out that this thread is ironically framed. The title of the thread hides motivation opposite to what it seems. Phew, that feels better......

Apologies Ellie, i reread your initial post now and see your original intent ..... i was tired and thinking "Oh bugger no, another bleat for compensation"

I thiink were all suffering from telehub burnout.

And I demand compensation for being so tired of this debate I launched into a rant on your thread.
LOL

It's all good, I get what you mean. I just was putting my two cents against compensation in a more direct manner.

I don't think your first statement implies the second, Dark. Just because at a certain didtance from the hub prices stopped falling further does not mean the telehub had lost influence. Just that its influence had become constant. Flying 650m may be as bad as flying 700m, but both are still much worse than flying no distance at all.

Based upon past chicken little topics, the magic number is 87.