Real Estate Crash

Mainland? Would not, the wannabe land barons that buy auctioned regions would try to sell it as much as possible. Private Sims? Well you get tier paid. I actually dont care about if people can gain enough to make it worth buying a whole sim, I dont think in landbaronish but from the side of a simple resident that needs some land.

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Well put. Even if you're the evil genius behind the land bots

I concede that it seems unlikely that land prices will ever drop below the absolute minimum bid of $1000 per 65536sqm. However, I'm sure that even that is possible and I was really talking about the upside more than anything.

Mature snow land a year ago was going for about 1.5L/sqm, apparently - so it's perfectly possible for land to be on sale below the original price.

$5,000 for one sim in auction......

Sure, upside goes a lot actually, but imagine one persone needs 1/4 sim for the own megahouse or megastore, is he going to buy a 1/4 sim parcel for say 30L/sqm (491k Lindens) or buying a whole new island for the same price? I would do the second. So the new islands prices do strongly affect all other land prices imo.

Sure it is, you can be lucky and find a couple firstland parcels resold by disillusioned new resident 1:1 for 512L, merge them and sell the land for 1.5, or like that.

Parcels like that would be snapped up instantly, I'm not talking about that. I'm talking about that being the going rate for that type of land, ie it would be there for a while with no buyers.

Doubt it... tier on a whole island is $295 and islands are much less liquid than mainland (i.e. you can't resell them very easily). Tier on 1/4 of a mainland sim is only $75.

Except he would then be liable for the US$195 / US$295 for the entire island every month, instead of the US$75 for a quarter of a mainland sim. Over time, as people have pointed out, tier becomes much more important than the initial purchase cost for regular users of land (not resellers)

(or what Rockwell said )

Well, with a whole private estate sim instead of 1/4 mainland sim i could eventually rent out and resell for tier that it would be the same, when not better.

Come one guys, stop climbing mirrors and fighting the windmills, land sharks are going to get the shaft lmao.

are you in islands rental business?
Otherwise I see no reason to insist on what you say. really

No, but was in the "boycott high landprices" group, so long i didnt realize that it is actually good that prices blow up this way, so they can explode in the face of people that want to scam other people that are bad with math and/or new residents. But you are in the mainland land-businnes right? Or why would you be in the group "mainland realtor's association"? So far for going personal.

Most people who buy land other than resellers aren't interested in becoming landlords. And on private estates, even after you sell the land you still have to pay the US$195 / 295, it's your job to claim it back from the people you sold it to, so there's no getting out of it by selling.

Then he has all the fun of collecting tier from customers who might not be around or have even quit, you'll have void periods, etc.

Buying an island just to get a cheap quarter sim simply isn't as easy as you like to make out, I'm afraid, and that's not counting competition from people like Dreamland, Azure Islands and countless other private estates of varying sizes.



That's the worst metaphor mixing I've heard in quite some time...

Ancient Chinese proverb:

Don't hate the player, hate the game.

yes, i am, but i don't attack you. It seems you attack other people.
I hope i don't have to be shooted at head to death for doing that.

Anyway , i would add up something more. No need to say the obvious ofcourse.

That under 10L/meter, is obviously an opportunity to start do rentals in mainland (with all the cons there are in management) since islands rentals (at least all new ones, simply can't compete in price with the tier fee in mainland.

And to add, i don't do that (rentals) . I try to give some examples why speculation as you say is a wrong word. Instead of attacking SL of not being capable of bringing more mainland land to life, you attack those who resell land. This is the wrong point.

It's clearly an SL issue of how it handles land. When SL got 40 sims in auctions and it was obvious that they will try to bring prices into more logical levels, I never complained because i might loose some money. And you see? 40 more sims , and 8 and 7 and prices are still up. I have told that they might need to throw 20-30 sims everyday, and then you will be happy (me too) because prices will go down.

So , i suggest trying to convience Lindens doing that, instead of complaining to other people and being rude to them

If explaining and commenting my opinion that seems to be partially opposite to your opinion, makes you feel as being attacked, the problem is on your side. By asking me if i am in the private estate business, and telling me you dont see any other reason why i should otherwise keep posting what im posting, its like telling me to shut up, so I could consider myself attacked, not you. Throwing rude and attacker adjectives does not help as well, so please stop trolling my posts.

Alas, it seems that 40 sims a day is the only way to keep prices down and to put land in the hands of more than just a few.

LOL what about climbing the windmills and fighting mirrors?

Good, more potential customers that way I said it before and I'll say it again, it doesn't matter to me as a reseller if prices are low or high, if they're reasonably stable and liquid.

Marking a plot up by 1.0L/sqm from its price at auction is double the percentage markup at 7.0L/sqm than it is at 14.0L/sqm.

I don't think any genuine reseller has anything to fear from prices being low per se, only from the value of their inventory plummeting while it goes from high to low.

And shafting sharks.

fullstop here

I really wish to see the prices at 2-3L/m.
That we'll be great for ALL

I think this thread has jumped the shark.

Y'all can come and climb my windmill any time. I have one in Shoofly. Don't piss off the cow and the sheep though.

Back to work.

My god i remember when i could buy that for 1k... O.o