how long till the dump a load of new land?

theres bin no sign of any new sims up for auction since sunday. do you think they have run out of servers and prices are on the up again?

Technology moves quickly and a computer that sits idle is wasting money. I wasn't surprised at the last deluge of auctions. LL buys servers in bulk, I suspect. Considering they have much else to focus on, and the mass of land currently available for purchase, I suspect putting in a PO for a shwack of new servers isn't high on the priority list.

But that paper will be pushed through one day

A quick look at the Economic Statistics page reveals that purchases of new Linden dollars from the Supply Linden account are way down for the month of May so far. April was down around 19-percent and May seems to be doing much worse (People typically need large blocks of currency for things like land purchases). The average price per meter hasn't ticked up above April's average. Growth in private islands remains slow for the month of May (it was also down in April). There's still plenty of overpriced land that residents have no interest in beyond renting (Supply continues to exceed demand/Too many goods and services being chased by too few dollars). Without the end of month numbers for May there's no way to determine (yet) if growth in Premium accounts is stalled (and most of the recent media mentions regarding SL have been of a negative nature).

yeh ok ok simple yes or no would have surficed.

spare me the war and peace

No.

Well I appreciated the analysis. Thanks Elex!

-Atashi

Thank-you for the well-thought out response

They just dumped 10 to auction: http://secondlife.com/auctions/

They often take a few days off. They have not run out of servers. As long as prices are below L$10 a meter, they don't rush to dump more sims to auction. They like getting higher prices for their sims and the longer they wait, the more they get. It's a balancing act. Looks like they want to keep the base price of mainland between L$9-10 per meter.

What's the the matter, Stylee? No bargains for you to snatch up and carve into 16 meter plots today?

Interesting you mention that, I've just saw a 16 meter plot on sale for over $L8,000 advertised as ad space. Madness.

It's called extortion. Place an ugly rotating ad on a 16 meter square and hope your neighbor pays the price so they can remove the filth obscuring the view. The OP does not practice this. He is a middleman who sells plots to the extortionists for pennies of profit, thus aiding in destroying the mainland.

If you look at the map, there are plenty of as yet unnamed sims to be released. It's not over.

oooh was that a dig? are you implying i wish to cut up land to 16s?

if that were the case theres is plenty of land around to carve up.

but thats not my style

It was 15 sims to auction, not 10. Should lower prices in 48 hours down just a bit, but not enough to make a big difference for those trying to get the bargain of the century.

LOL. i wonder what they'l do with all the dormant servers when all the land barons go bust.

"Dormant" servers would simply be recycled to either the mainland(s) and placed at auction or recycled and placed in a queue to be sold to the next batch of persons wanting to own a private sim. A server, in and of itself, is simply a box.

The actual percentage of the total resident population with the "right to own land" (Premium accounts) is incredibly small: 1.4-percent of the population (a little over 83,000 accounts) owns all the land (excluding Linden-owned parcels and sims). Of these 83,000 accounts it's difficult to determine who the "land barons" are as there's no definition of what constitutes a land baron. We'd need a generally agreed up threshold of total square meters in which once a person exceeds that they become a "land baron." One could make an argument that as about 1-percent of the total population owns all the land (or has the right to own land and hasn't exercised this right) then they're all land barons.

The most common reason for a land baron to go under would most likely be because of "overexpansion due to acquisition." Incoming revenues fail to exceed the amount needed to pay tier and the enterprise dies _or_ the "land baron" does not have the capital to maintain their tier while waiting for their revenues to hit a point to cover tier. It's highly unlikely they'd all make the same mistake at the same time.

Great insight. Thank you for pointing out how few "right to own" accounts there are. It makes me ponder what would happen if LL raises Mainland tier fees from the already high price like they did for private island use fees.

Oh no, I loved the analysis. The more info the better; SL is a complex world and I have more of a stake in it than I ever would have thought possible so Elex, rock on. In economics, trends is all the info your really have to try and sort out what is going to happen and protect your investments.

Turns out today's dump was 21 sims. Don't look for this batch to lower land prices any. They are already bid up pretty high with a day and a half left to go before auction closings.

And prices went up quite a bit today...I have been watching the base price at the bottom of the first page because 100 listings down you can assume there's some good looking properties for sale and not ad littered crap. The bottom of page one was at L$9.0 a meter yesterday. It's at L$9.4 tonight.

According to the Economics Statistics page the average price per square meter did tick down, ever so slightly, about L$0.02 since this thread started yesterday.

Land added by either the creation of new private sims or auctions of new sims has the same net effect of increasing the amount of inventory in the marketplace which in turn drives prices down.