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On the Option of Selling my land as FirstLand again

Trajan Somme
Registered User
Join date: 17 Nov 2005
Posts: 10
05-11-2006 23:08
Dear Lindens,

To many, I'm sure this will sound utterly silly, "Why would you do THAT" kinda thing. Maybe this isn't a new idea....
But... (did you see that comming?) :) Grab your lattes, I'll wait.







Having 1/2 sim of parcels spread about the older mainland, I remember what it was like to wait and wait for new 1st land to open or really dislike my narrow choices. Although there seems little shortage now in the new south continent and such, the older maingrid is quickly devolving into larger & larger parcels only a dwindiling % of users can afford (in general, see econ stats) or land speculators are willing to pay. We users quickly reach the "top" of the pricing cycle with nowhere to go but:
1) As a seller: sit there and wait for a very rich buyer, all the while burning tier (taking a measurable loss while the property value erodes in face of exchange rate).


2) Abandon it to LL to gain tier-reduction or increase in available M to get the parcel we want and let the old one sit blank & lifeless (ack--who wants to see "nothing". eek)3) Parcel it out & watch the community you leave behind get eaten alive by those only wanting to turn a buck by flipping it for a gouging profit. Or...
4) Price the lot too high to be attractive for a speculator....much to the diservice of everyone else & the pricing cycle as a whole.

...I don't much care for any of these, as it does no one any real good--much less SL in general I feel.


These higher prices perhaps falsely give many the impression that land is far too expensive all over. Which I won't debate here. :) *shrugs* No point in it.

However...
The effect upon the culture of the maingrid I'm seeing is much like that of the old-world at the dawn of the New--Exodus & consolidation: Where those that can afford the price are by proxy seperated from those that can't or do not.
The "Have"/"Have-Not's" perception cannot be good for our SL experience and has (in my estimation/opinion) led to the stagnation of parts of the older maingrid and propelled the need to create 1st land in new land--leading to a greater land-glut and slanting the value of the old as described.
I tend to think of it as a "coral reef effect"--a vital, colorful skin indeed, but dead at the core in the price-cycle/overall user culture sense.
Or if that's too way out for you--think of a body that never heals it's internal organs, but looks newborn on the outside. Could it survive running a marathon without injury? Maybe--but you best have a resperator on stand-by at the finish line and don't bet good L$ on comming in first.
As with the body, so with business.

Still, you may be asking, "What the hell are you wanting to take the loss for, man?"

Well, first--I don't see this as all about the $. RL isn't--neither is this. It's about what you do when you get here and how much better you can make it for yourself & others when you do.
Second, a 512m L$ loss is a pack of smokes, a Grande latte & change for 10 minutes on the parking meter...or a gallon and a half of gas. Your choice. :)
Third, this is no game. We are in fact, a young nation about to realize our true potential both as medium and a body of individuals, in time perhaps as real as any border on the globe, one may dare hope. If we as individuals cannot personally reach back ourselves to those that come after us, to give them the same level playing field we had when we came into this world, then I assert we repeat the mistake our RL predecessors handed us back in the RW to overcome.
Oh, yes--and saddle LL with the responsibility to do what we ourselves are unwilling to undertake, and all the issues and noise that go along with it instead of what they do best: make the SL product better, and better for us all.

Certainly, this FirstLand re-birth option is not for every seller's need or taste.
But I have never profited in RL by underestimating the organic properties of either real-estate or social economics, much less social order & well-being. I highly wager against SL being so drasticly different than what has served me so well in RL that I can afford US$125/mo in tier as sheer entertainment and so addictive a creative joy.

Empower us to pay our good fortunes forward, of ourselves, by ourselves, for ourselves--and watch both worlds profit us anew in more ways than L$ alone could hope to attain.
For that, I wager, is what inspired the birth of this world to begin with, and what may help you LL, in the end, keep it whole.
And the best part: for you LL--it's just a little checkbox. For me? ...knowing I did what I personally could to try.

What say you?




Cheers & thanks,

Trajan Somme





Torley Linden
Enlightenment!
Join date: 15 Sep 2004
Posts: 16,530
05-12-2006 18:05
This should be on a scroll! What an epic.

You know, I once thought about this myself--but that was a long time ago. The idea hadn't resurfaced until now. One reason why I wasn't fond of it was specifically because of the psychological feeling of someone getting "unfresh, used" First Land if they knew the history to it, and in a neighborhood that's already been around awhile too. Part of the thrill of First Land, as it's being introduced in the southern continent, is the whole principle of it being virgin territory.

Of course, I'm also aware of the counterpoints to that, as well as the benefits as you number them.

Another question was, "How many people in the community would actually be giving their land as First Land to make it worthwhile for the time involved?" I think that's key, and more Resident interest in a situation like this is also valued.

I'm going to move this to Second Life Land Management for Guy Linden's insights--this is a specialty of his!
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