|
DolphPun Somme
The Pun is its own reword
Join date: 18 Nov 2005
Posts: 309
|
03-13-2006 15:32
has anyone else noticed that there seems to be too much land out there? Land value is dropping like a stone. Landlords aren't finding renters. The only buisnesses that seem to be working anymore are casinos. (And thats because they are keeping camping chairs in spite of dwell going away) Those with really cool builds can't economically justify making stuff (especially without dwell).
Kind of makes me wonder if LL is having financial trouble. With all these sims for auction/sale still, I am wondering if they are killing the SL economy bcause the RL part is hurting? (No idea, just guessing)
Its not the stipend that is causing trouble. Its the fact that there is WAY too much land out there making all land less valueble. Specially with P2P stopping everyone from exploring and making SL a keyword game. Sorry, that last bit was a rant.
My personal suggestion? Stop selling sims until the game economy can catch up.
|
|
Pix Paz
Away with the Pixies
Join date: 17 Oct 2005
Posts: 129
|
03-13-2006 17:51
We decided to say out of land because we did not seem to understand it.
We invest in property in RL, but here, far different rules seem to apply.
At the moment the amount of property for sale seems to be growing very fast but when we look at prices of similar parcels of land over time it seems to be going up. We don't find this logical.
We could not get our heads around:
1. the amount of land for sale and what seems to be the growth in property for sale versus
2. how some prices seemed to fluctuate wildly over time
3. what the rationales were behind differences in the pricing of individual land parcels
4. the effect of tier on the pricing of land
|
|
Ralph Doctorow
Registered User
Join date: 16 Oct 2005
Posts: 560
|
03-13-2006 21:30
From: DolphPun Somme has anyone else noticed that there seems to be too much land out there? Land value is dropping like a stone. Landlords aren't finding renters. <snip I dunno, from what I've seen over the last several months land prices are going up significantly. |
|
Jesrad Seraph
Nonsense
Join date: 11 Dec 2004
Posts: 1,463
|
03-14-2006 00:46
I have seen a sudden surge of people interested in renting land on private islands lately. This can mean only one thing IMO:
The rise of land prices on mainland, beyond the 10L/sqm, has pushed residents into finding better deals (rentals, private islands, group-owned land, etc).
_____________________
Either Man can enjoy universal freedom, or Man cannot. If it is possible then everyone can act freely if they don't stop anyone else from doing same. If it is not possible, then conflict will arise anyway so punch those that try to stop you. In conclusion the only strategy that wins in all cases is that of doing what you want against all adversity, as long as you respect that right in others.
|
|
Teddy Wishbringer
Snuggly Bear Cub
Join date: 28 Nov 2004
Posts: 208
|
03-14-2006 12:39
I too have noticed that land hasn't been selling all that great lately.. there's been a dozen new sims come online in the past week or so, all chopped up and for sale. Land prices have been rediculously dropping, with exception to ocean front properties which have skyrocketed in the past several weeks. A couple beach properties in my sim on the southernmost continent (with the unpronouncable names) has gone from 130k to 170-180k for a 8192m2 and it's still in the possession of the same land baron.
LL really should temporarily cut back on releasing new sims for auction and allow land prices to stabilize again. There's a huge glut right now of unsold land, and with many more new sims still in the current auction queue, it appears it's only going to get worse.
|