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Dow drops 400 points today!

Infiniview Merit
The 100 Trillionth Cell
Join date: 27 Apr 2006
Posts: 845
02-27-2007 19:37
The worst one day drop since 2001.

See here
http://biz.yahoo.com/cbsm-top/070227/f22e4630baad29bd4d6c044dfc3359fa.html


What if any affect will this news have on SL land prices?

Drops like this can definitely affect RL land prices, but historically market declines generally do not have a negative effect on entertainment expenses.

What do you think?
Reece Gunawan
.com wannabe, .mobi king
Join date: 21 Dec 2006
Posts: 413
02-27-2007 19:42
None. And drops like this DO NOT affect real life land prices either. It goes up and down all the time, just not as much down. It'll likely go up tomorrow...

edit: If you were hoping for cheap land, I think LL is capable of doing (and is!) that all on there own :)
_____________________
Evil Land Baron :D
Currently does not own any land :eek:
Talarus Luan
Ancient Archaean Dragon
Join date: 18 Mar 2006
Posts: 4,831
02-27-2007 19:44
To answer your issue here in the Resident Answers forum:

Life's a gamble; now throw the dice or get off the line, buster. :P
Nastasja Kostolany
Registered User
Join date: 1 Jun 2006
Posts: 46
02-28-2007 01:35
Oh yeah? So.... what does that have to do with the price of tea in China?
Reece Gunawan
.com wannabe, .mobi king
Join date: 21 Dec 2006
Posts: 413
02-28-2007 01:52
From: Nastasja Kostolany
Oh yeah? So.... what does that have to do with the price of tea in China?


Not sure. I'll ask Mr. Greenspan :D
_____________________
Evil Land Baron :D
Currently does not own any land :eek: