All Quiet on the Mainland Auction Front

Interesting that Jack said they would release 8 a day, but now it's been six days with no new mainland sims to auction. Prices have not rebounded much during this brief time-out.

When do you think they will crank up the auction machine again?

Think they will dump 50 at once to make up for the lull?

Yep, slow day at the office and as usual my thoughts turn to land talk. Sweet, beautiful land talk.

Didn't they also announce in increase in the number of abandoned/gov Linden owned parcels that would be coming to auction? There were a few more for a couple of days, but that seems to have dried up as well, or did I miss it? I know the parcels owned by the gov that I am watching are still just sitting there no auction ID# in site.

Good point, Nimue. And good furniture too!

Hey Raymond-

I was surprised to see that land prices didn't rebound due to the dearth of new auctions. Maybe LL was surprised too and decided to hold back for a few more days. I was flying around the new continent this weekend, and found a new sim that I'm going to attempt to win at auction. Won't disclose the name, but it's waterfront and looks really cool. Does anyone know if the "corsica" sims will remain empty or will be auctioned eventually too?

Corsica is in the pipeline, but I imagine that the steep drop in land prices is giving the Lindens pause.

Doesn't take a rocket scientist to see

1) steep drop in premium accounts
2) sharp rise in mainland area

result in the prices we're seeing today. But I think these prices are good, it'll encourage new premium accounts as they see more value in going premium. And Musicteacher is probably happy

It should... except that it's probably deeper than that. If people are just generally unhappy and the game is unplayable... well, it's not so bad for me now, but the inventory issues are a real nag. Some people, you couldn't pay them to be premium right now. They are dropping down to basic and buying island land.

I am surprised we haven't had any howling from the oppressed masses that we need more land to crush the economy completely. Perhaps someday the avatars of Glorious People's Republic of Second Life Revolution will all be completely equal........ in our grey peasant garb and our identical flat 1024 parcels and no need for money because everything is free..... lots and lots of 3 year old freebies for everybody.

Saving a few bucks on my intial land purchase is not much of an incentive, especially if my tier is going to be high and my new land is next to an ad farm. What else can they do to stimulate premium upgrades?

Who needs freebies when we have L$10 AC products?

how does moving to an Island fix my inventory issues?

Troll

It doesn't - but it gives the freedom to leave the game altogether cleanly at pretty much the drop of a hat.

Actually they said "no MORE than 8 a day". That seems to imply that some days there could be considerably less or none. The big auction machine has only recently slowed down so its much too soon for land prices to rebound. Besides, a lot of the major land buying avatars are probably feeling less confident after watching their current holdings' value decline so sharply so fast. Also, if prices do rise even a little, there will likely be a renewed sell off of people looking for even the smallest opportunity to unload which could keep prices low even without new sims being released. That last land dump spooked a lot people and they are beginning to see land in SL as the fiat currency it essentially is.

Once standard flat green land cautiously creeps up to around $8 or $9L per meter is when I bet we'll get hit hard again.

I noticed that one reseller has jacked up the price of a waterfront 512 from 9499L to 10499L in the past day or so.

They are also playing a long game.
They appear to have bought along a line of JB 512s that are still priced at 7000L - but bought every second plot. They are probably hoping that buyers of the 7000L plots will want to expand and so have to pay their higher price.
However there are still a LOT of protected 512s not moving at 7000L.


It's maybe too early to see prices climbing markedly.
I'd guess that the stoppage in auctions had given the reseller some heart. They'll hang in and watch the yellow, then try to ride at the top of the wave.

They are going to be mightily teed off if LL open the gates again.
Ans a number of people noted, LL said that they would release "up to 8 per day" - which can mean 0 per day.
In the earlier announcement of the "10 per day" rate, they said that they would play catch-up if for some reason they failed to put 10 on the block in a day. They didn't repeat that plan in the '8 per day' posting.

Why stop dumping sims now? they've done such a good job so far.

Hell I was hoping to see free land hit the grid and why not when they can hook you with tier.
Then the 'opressed masses' can live happily ever after.
Most land especially that ugly flat crap they've spit out should be free anyhow.

OMFG!!!!

Birchwod sim is where they send the people who are too evil for Hell.
Some poor schmuck is trying to sell plots near the road there at 7.5/m

7.5 isn't the lowest in mainland Search - but if the market bottom gets to up that sort of price level, and the first thing the searchers see is something like Birchwood, they are just going to forget about buying mainland.

Does it look anything like Zamyatin?

Here's an idea: put me on your ignore list or if you have an issue, take it up with me personally instead of cheap name calling.

Zamyatin is quite attractive and tastefully done by comparison with Birchwood.
It's a garden. And Gov Linden had planted tress as well.

Birchwood can not be described. it has to be experienced. The ad plots (both sides of the road) are heavily populated.

Zamyatin is a little racy.
Birchwood is hard-core. Birchwood is where the bargain-hunting price-raising buyers of mainland will be repulsed and send whimpering to the private estates.

Or more graphically,

If SL were to be irrigated, Birchwood is where someone would insert the rubber hose.

Any sim that MD or RM gets to before you has a good chance of being another Birchwood. At least until LL decides to do something about ad cutters.

wow, that's something. (Birchwood)

Please play nice folks.

*moves*

What does this have to do with the viewer? I suppose there is no better forum?