New continent 20 sims sale

Amen sister

I guess I'm missing something obvious, since:

Jan 6th: 6.8 million m² for sale
Jan 17th: 7.5
Jan 27th: 8.3
Feb 4th: 8.8
Feb 15th: 9.9
Feb 25th: 11.2 (170 sims worth )

In 50 days the amount of land for sale has steadily doubled. To me it doesn't look like there's a shortage in land, it looks like there's far more land being added than people are buying.

I don't see a lack of land, I see a lack of land priced at levels people are willing to pay, or in other worths: priced "too high".

well this is what i've decided

1) "when i grow up" i want to be a land baron or flipper probably a flipper looks more "funner'

2) land barons say the prices are not to high therefore they are right all the consumers posting that the prices are to high are obviously wrong

3) I have to set up a shrine to the all knowing wisdom of land barons who set prices "just right" because they seem to know what others including myself are willing to pay..

4) if i dont become a "land baron" or "flipper" I should probably drop my premium like everyone else is and become one of the dreaded unwashed "leaching" free accounts which are growing in numbers being one less person who is willing to buy low performance sims at an inflated price ... (err come to think of iti never was one of those willing to buy low performance sims at an inflated price so yeah going "free" is probably a more cost effective option then knocking my head on a wall heck the "barons" must be right and know more about my pocket book and others pocket book then me right?)

5) lastly this thread is like a comedy and yet has show any real justification or proof of these above findings in my extensive research of the rightousness of the setting of land prices higher so less people with normal expectation that doen'st include being a self made millionaire in sl quit their premiums and become the dreaded "freeloaders and leachers" that are being complained about


anyhow this thread was entertaining

and there is one "baron" who i purchased from because her prices were reasonable and it was sara nerd but again its beacuse they were at the low end of the spectrum at the time not the high end. That was a long time ago but she was the ONLY person not overcharging at the time and I repeat THE ONLY ONE!

so anyhow to any land baron practicing ethical land sales thanks

to those gouging and charging insane prices and calling it good business BOO
enough said

dead thread ..

And it all starts at auction. Fight tooth and nail at the last minute to get a sim... and everyone else pays the price.

Supply and demand are controlling prices, plain and simple. There are too many people in the market for any subset to control prices! If people want to risk their money charging high prices while incurring tier fees, let them do it. You can't change their minds. Sarah Nerd likes to always have the cheapest land on the market, that's her business model. this business model is not shared by everyone in the market. And for the millionth time, "too expensive" is a relative term.

Market forces do not react instantaneously, not in the real-world, not in SL.

Your data is an excellent sign that indeed, prices are "too high" and that eventually, prices will come down. Nobody forces anyone to buy land at "too high" a price, and end users are voting with their pockets and NOT buying this land. Likewise, nobody can prevent a land reseller from setting whatever price they like, and paying tier for as long as they want on it, hoping that people will get desperate enough to buy it. Eventually, they will likely tire of paying tier, and will drop prices. All of which will take time, for the market to reach a new equilibrium.

But, then again, perhaps SL land is not really truly a free-market capitalist economy, if those capable of "winning" the majority of Sim auctions do in fact band together, to set prices. (Although I have come across no really convincing evidence that this is the case.)

If so, though... perhaps, the land market may be a little more like the international oil economy, which is less a free market, with a large OPEC-like oligarchy, capable of "setting" land prices.

But, like in the real world, however much how those countries lacking large oil fields may complain all they want about the "unfair" oil pricing, there's nothing (short of, ahem, military action) that can really force the oil-controlling countries from doing this.

Here's where the similarity ends though: oil deposits are set on Earth by nature. Land availability is controlled by LL, and LL can continue to pump out however many Sims they want, to eventually drive land prices to where they want. Which, they've said on multiple occasions, they believe is too high.

Patience, I think, is all that is needed.

You didn't do the other side of the equation though, did you?

In the same time period, the "population" has gone from 2 million to 4 million residents. It doubled.

Now, I'm certainly not suggesting those are realistic figures for regular users but I would bet that the active residents figured grew by a similar amount.

So divide it out and your glut of land disappears.

The only population numbers that are relevant in the case of land for sale would be the current number of premium users. Somehow I doubt the number able to buy land will grow in pace with the number of those that cannot nor do I see it ever happening unless more value is added to become premium.

Not true, there are mainland rental, people don't need to be premium for that. You also have to factor in the number of new islands. Also, some people that own land on the mainland are not premium.

Or better yet... NOONE pays the price, and lets them sit with it in their laps as a foolish lesson to not overbid a sim when there are many many more on the way

Mmmm I'll have to differ with you on that one. Mainland land "Ownership" requires a premium account. (Note that this doesnt include groups where 1 member has a premium and the rest dont. etc.)

Ive been watching the land scene for quite awhile now. There's a lot of it for sale, but it doesnt 'appear' to be moving around a lot right now (my own observations, nothing scientific or specific to back that up)... I think people are starting to wise up a tad and realize that if they just wait it out a bit..... prices will come down, and come down hard. Again, just my $.02, with nothing other than past performance of LL to back it up.

Then again, they could scrap land tomorrow altogether. Who knows how those guys think over there hehehe..

In any case, it is definately about to get interesting up in here ....

Heres what the Land Barons SHOULD do to make things right....

1 Sell all land they aquire for HALF the price they paid

2 Promise to never ever buy a peice of land if someone is standing within eyesight of the land, just incase that person might be wanting to buy it within the next 2 -3 hours

3 When making an offer on land, make sure you offer atleast 100% more than the land is actuially worth. You would be surprized for fuzzy it will make you feel inside.

4 If someone says they can't afford your land , you should offer up that plot to them pro bono, or free of charge, I bet they will be a return customer!

5 If by chance you make any money at all please give it to ME that way you can never be accused of earning too much or being too greedy.


I think if every Land Baron follows these 5 simple rules (especially #5), that residents will start loooking at land barons with admiration and respect. SO come on Raymond! Sarah! Elanthius! Rockwell! lets all join in and give a little love!!!

I agree

I was flying over unchartered (not showing on map at all) sims the other day, couldn't believe how many are going up, it really is a massive new mainland.

good to see them meeting demand, though i feel sorry for those who's land they've bought is on an older sim, with 6000 active scripts running :/

What's your password? I need it to transfer the funds.

But seriously, I am not buying or selling until LL gives us a stable Grid. Also, I want to watch what happens. Yesterday they replaced the eight sims sold with eight more immediately. Wonder if they will replace the 20 about to go (all for much less than the ones that went yesterday, with one exception) with 20 more?

Finally!! A solution no one can bitch about or have a problem with! (Waits for some ridiculous arument post to pop up and suprise me....we all know it'll happen...)

I OBJECT ! ummmm Darn. Cant think of a good argument against any of those points. Ah well. Sorry Sarah, you'll have to wait for the next one to come along...

just can't.. can't stop .. pressing bid.. or buy .. oh wait that was the land baren side of me talking

sorry its just kinda funny all of this honestly the arguments presented here for high prices are ridiculous

oo blame linden labs
oo i charge what the market will bear(what the heck??)
oo i made 100% profit and i want to keep making 100% profit
oooo its market forces

bah humbug..

dont buy so high then you wont be forced to sell so high in order to make your profit its really simple just stop like others do its easy no one pushes your hand anymore then anyone elses hand is pushed

no one is making you charge high prices except your need to keep buying continuously no matter what the price is and then of course you dont want to go broke so you add even moer onto the ridiculous price

stop buying it stop bidding so high its called "self control" I know everyone has it use it

i feel like i'm starting to dealwith a bunch of adolescent minds MUST HAVE MUST HAVE cost i dont care THEY WILL BEAR THE COST JUST LET ME HAVE MY SIMS TO SELL i can offload the cost to my addiction to selll land onto the unsuspecting noob yay go me that is great business look how rich i am

rofl really some of the answers are priceless and make for a good comic strip

*runs off to make sl comic strip*

Seems you might need to use a little of that self control WN

Looks like that 20/day was short lived

But the 8 a day has been keeping up. And the land prices are showing it too. Sims are now selling for as low as 10l/m

Wow... I guess I got out of the market at the right time Got screwed over royally last time things crashed

Not yet. Watch the bidding at the last minute.

yeah you have to watch like the last half hour of bidding that's when the action can start if there is a "hot sim" up whatever that means they all look the same to me but..

Hmm, is it really that much worse than a new continent or Island sim with 6000 active scripts running?