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When Did Land Get So Expensive???? |
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Alazarin Mondrian
Teh Trippy Hippie Dragon
![]() Join date: 4 Apr 2005
Posts: 1,549
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12-13-2006 09:44
Right on, Dana. It looks like LL hasn't patched up the first land exploit yet :\
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Elgyfu Wishbringer
The Pootler
![]() Join date: 27 Nov 2004
Posts: 659
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12-13-2006 11:22
I am also very fed up of the Search feature for land now.
Covenant land is really rental, not sale in the same sense that Linden (mainland) land is. Trying to pick out the real 'for sale' from the 'covenant but we don't like to use the word rent' stuff is nigh on impossible. There must be loads of new people baffled by all this, or paying for land they think is theirs, until the island owner decides otherwise ![]() Come on, Lindens, please seperate the listings, or make it compulasary for renters to clearly declare as such. often unless you look at the map you have no way of knowing it is island land until you get there. That is just not ethical. |
Dragon Keen
Registered User
Join date: 24 Apr 2006
Posts: 245
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12-13-2006 11:28
Those big land hogs that I've seen swooping on first land ahead of the newb's it was designed for will never make a sale to me. Was looking just a week ago, found a great plot, average price, then i saw the white and red sign... see ya. I detest people who would do something so low... listing high is one thing, but swiping something that wasn't intended for you is another... they can all rot afaic... its not that the land is "swiped". Possibly, if some exploit does exist and is being used, however a LOT of firstland owners but land and resell it for the profit. If you've owned land the firstland isnt available for purchase, so its no 'scam'. The firstland goes to the intended audience, however if they in turn decide to sell it, there is nothing wrong with that. _____________________
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Dragon Keen
Registered User
Join date: 24 Apr 2006
Posts: 245
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12-13-2006 11:31
I am also very fed up of the Search feature for land now. Covenant land is really rental, not sale in the same sense that Linden (mainland) land is. Trying to pick out the real 'for sale' from the 'covenant but we don't like to use the word rent' stuff is nigh on impossible. There must be loads of new people baffled by all this, or paying for land they think is theirs, until the island owner decides otherwise ![]() Come on, Lindens, please seperate the listings, or make it compulasary for renters to clearly declare as such. often unless you look at the map you have no way of knowing it is island land until you get there. That is just not ethical. Elgyfu, I've had a vote proposal for this specific feature in place ever SINCE they merged the list, and the reason for them NOT to do it is because they claim they have no method to be able to distinguish (although they do) The solution --> /139/b6/154339/1.html The vote proposal --> https://secondlife.com/vote/vote.php?get_id=1852 Maybe NOW with all the requests in Linden Answers they will do something about it, but dont hold your breath, that vote proposal was created 8/24/2006 _____________________
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Krazzora Zaftig
Do you have my marbles?
Join date: 20 Aug 2005
Posts: 649
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12-13-2006 11:47
recently I bought first land and it was easy to sell. Sold it around 6 or 7K I think (all I remeber is there was a bid war for my land). The issue is I wanted more land but also wanted to get the added L$ from first land to help. I wasn't to concerned with overall price as even 1K would have increased my overall funds. I was shocked finding land for 8 - 9 L$ per meter for about 1600 SQM. and it was flat, surrounded by linden land (maybe road or rail future) on one side.
Seemed like a steal since it was about I think 8.1 sqm and WHEN I GOT DONE LOOKING AT THREE PAGES OF *(&^(*&%^&*^#$#%^^ PRIVATE ISLAND LAND I found another chunk of 1536 land for about 9 sqm that was on a hill so steep you had no useable ground. _____________________
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Tarja Thirroul
Registered User
Join date: 11 Jul 2006
Posts: 6
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12-13-2006 11:49
Selling land for huge amounts is pretty ridiculous. I rent 1/4th a sim (four 4096 sq. m. plots) from my good friend Maeyanie for $60 USD and that figure applies to everyone.
Yes there is a covenant (Medieval theme, some terraforming is ok but not wild changes like turning mountains into ocean) and I don't PURELY own it (as the sim owner, she has rights to take back the land if she feels like it), but it's a great deal and I'm very happy where I am. Anyone selling a 512sq.m. land for 10k and such is just greedy and wanting to steal money from less knowledgable citizens. I can understand buying 512 for 1k and selling it for 2k. Selling for profit is fine as long as it's sane. Selling it for 10 times the amount is not sane. It's pretty stupid. |
Stephen Zenith
Registered User
Join date: 15 May 2006
Posts: 1,029
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12-13-2006 11:54
Those big land hogs that I've seen swooping on first land ahead of the newb's it was designed for will never make a sale to me. Was looking just a week ago, found a great plot, average price, then i saw the white and red sign... see ya. I detest people who would do something so low... listing high is one thing, but swiping something that wasn't intended for you is another... they can all rot afaic... As a land reseller who has a red & white sign, I'd like to confirm that I do not operate alts nor make use of any exploits. If it was my land you saw, I assure you I paid somebody their full asking price for the land. |
Kevn Klein
God is Love!
Join date: 5 Nov 2004
Posts: 3,422
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12-13-2006 12:06
Making a huge profit is the American way. Others may not like it, but no one is forcing anyone to buy.
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FD Spark
Prim & Texture Doodler
![]() Join date: 30 Oct 2006
Posts: 4,697
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12-13-2006 12:10
Yeah I guess if its American way to buy something for 1k and sell it for 150k in lindens which is over 600 usd dollars no wonder why so many people hate us Americans. It makes me bit ashamed personally.
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Kevn Klein
God is Love!
Join date: 5 Nov 2004
Posts: 3,422
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12-13-2006 12:13
Yeah I guess if its American way to buy something for 1k and sell it for 150k in lindens which is over 600 usd dollars no wonder why so many people hate us Americans. It makes me bit ashamed personally. Anyone who is willing to pay 150k for a lot that can be bought for 1k elsewhere is either ignorant, or the land is worth it to them. Who are you to judge what price people choose to make their land available for sale? |
Mia Darracq
Designer Wannabe
Join date: 28 Aug 2006
Posts: 228
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12-13-2006 12:32
New Start Up Opportunity... sl needs house/land appraisers like in rl. LOL
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Rachel Aldrich
Registered User
Join date: 12 Nov 2006
Posts: 14
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12-13-2006 12:35
Something is only ever worth what another is prepared to pay for it.
People are free to advertise whatever they want, for however much they want.... whether it sells is another matter. |
Alice Katayama
Making Faces
![]() Join date: 29 Jun 2006
Posts: 377
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Greed?
12-13-2006 12:35
I started off with my first land, I waited and selected well. I was content to keep it and so when I put it "for sale" I priced it at 10,000L and never thought about it again, untill one weekend when I recieved all my items from it in my lost and found folder.
After that I always placed my 512 plots for sale at high prices never intending to sell but if someone wanted them that bad I was willing to look for another plot. I do not think this is greed and it gives a way for someone that wants my well selected little plot to buy what would otherwise not be for sale. I also agree that the Lindens need to create a lot of new land to reverse this trend. |
Regan Turas
Token Main
Join date: 21 Oct 2006
Posts: 274
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Whew! I was lucky!
12-14-2006 10:23
As a relative newbie, I was a bit apprehensive about buying land. I'd given up on First Land because there was so little of it available and I didn't really like any of it. (Guess if I'd been business-minded I would simply have bought it and resold, but I'd rather spend time on other projects.)
Just a few weeks ago I found 512 of mountainside land for $4k and loved it. In fact, after 20 minutes I bought another 512 plot right next to it for the same price. The land is on a steep slope, which reduces the "usable" portion, but I love the view and preferred to keep my house small anyway. So this purchase doubled my prim allotment and provided a buffer from neighbors. At the time, I was sure I had overindulged since I had SWORN I would never pay monthly land tiers for a "just" a game. Now my only regret is that I didn't buy up all four parcels for sale. All in all, though, I'm pretty happy! |
Johan Durant
Registered User
Join date: 7 Aug 2006
Posts: 1,657
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12-14-2006 10:39
Quick tip for people who have sloped land: build a raised platform for your house and you don't have to worry about flattening the land underneath it. Like so:
![]() I forget who pointed this out to me, but it's a really good tip. _____________________
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Dana Hickman
Leather & Lace™
![]() Join date: 10 Oct 2006
Posts: 1,515
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12-14-2006 11:16
its not that the land is "swiped". Possibly, if some exploit does exist and is being used, however a LOT of firstland owners but land and resell it for the profit. If you've owned land the firstland isnt available for purchase, so its no 'scam'. The firstland goes to the intended audience, however if they in turn decide to sell it, there is nothing wrong with that. I agree some newb's may choose to do that. However, when you see a new unverified resident buy first land, and within a minute set: "for sale to xxxx xxxxx for L$0" on it... and xxx xxxxx is indeed a very well known land dealer... that is NOT the case. And when you see that happen to HALF the plots on a fresh first land sim? And all these new "residents" are selling for free to the SAME well known land hog? They should be called "Scam Alt's" because after that first land transaction they wont ever be seen again. And people wonder why there's such a difference between the number of total accounts versus the number of active real residents... |
DolphPun Somme
The Pun is its own reword
Join date: 18 Nov 2005
Posts: 309
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12-14-2006 11:57
I have some ridiculously priced plots in SL. Fact is, I don’t *REALLY* want to sell it. I use the land for other things. Putting the land up for sale is just free advertising as far as I am concerned. If someone wants to pay the 70k+ for that 512 plot without even asking me about it… Fact is a lot of people just set prices high as a lark. You might try contacting the person and see if they are willing to lower prices.
Also some land actually IS worth the exorbitant prices some people charge. Tangna for instance… right next a to newbie hub. Island pricing has gone up so people who were thinking of buying an island are having second thoughts. _____________________
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Johan Durant
Registered User
Join date: 7 Aug 2006
Posts: 1,657
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12-14-2006 12:01
Putting the land up for sale is just free advertising as far as I am concerned. Geez, way to make the "for sale" system useless. People are already complaining about problems with finding land for sale, people with your attitude aren't helping. _____________________
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Ayu Sura
Registered User
Join date: 1 Oct 2006
Posts: 67
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12-14-2006 12:08
Heh.. and I thought the 1024 sq m plot going at 50000 L next to my land was nuts...
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Domneth Dingson
Registered User
Join date: 20 Nov 2006
Posts: 126
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12-14-2006 12:12
I saw a 512k plot for L$15000 lol I have a 512 plot up right now for 12k. I paid 6k for it (add on the 5 dollar tier fee and I'd have to sell it for 8k just to get my money back). The reason it's so pricey is because I'm actually selling a custom built home as part of the price, that I specifically designed for that lot. Sometimes, the 512 plots are expensive due to location, such as being waterfront property. However, just as many times, I've seen lots that the people obviously don't want to sell.. but still put a rediculous pricetag on their land. Occasionally these lots sell simply because they are 'in someone's way'. |
Karthel Davison
Registered User
Join date: 18 Nov 2005
Posts: 5
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Just stop buying land for a few months.
12-14-2006 17:19
Want a simple solution??? Don't buy it.... Let the land hogs pay the tier for that sim they just bought for 2500 thinking they are going to make athousand profit on it. Let em sit on it for 6 months or so. Let the tier they pay take the profit out of it and maybe even cost them a little. Stop buying for 6 months. I personally dont buy the supply and demand theory. I am more leaning on the theory this is a small group of real estate tycoons who are buying up as much mainland as they can in an effort to control the pricing to get people to buy their glorified island rentals. They picked a great time since the Lindens have kinda put the clamps on opening new mainland sims. I watched 8192's go from 81,920 to 121k almost overnight not long ago. Supply and demand my ass...... A few big players working together to artificially inflate the market is more likely.
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Alazarin Mondrian
Teh Trippy Hippie Dragon
![]() Join date: 4 Apr 2005
Posts: 1,549
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12-15-2006 02:16
Quite possibly, Karthel. But without proof, I'll settle for mechanistic dumb old supply & demand. I never attribute intelligence to a shark. If you've got proof, feel free to post names & evidence over at Second Citizen.
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Stephen Zenith
Registered User
Join date: 15 May 2006
Posts: 1,029
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12-15-2006 02:20
And do you know what? All the paranoia about some conspiracy forcing prices ever higher just causes people to panic and buy land now in case it goes even higher in the future.
The net result of that is to decrease supply, which forces prices higher. Can you say "self-fulfilling prophecy"? |
Alazarin Mondrian
Teh Trippy Hippie Dragon
![]() Join date: 4 Apr 2005
Posts: 1,549
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12-15-2006 02:22
MMM... I can also spell G-R-E-E-D. But that's a foreign concept to some.
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Karthel Davison
Registered User
Join date: 18 Nov 2005
Posts: 5
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Far Fetched
12-15-2006 17:06
I don't understand why someone wanting to create a monopoly here with probably the only item that cant be recreated is so far fetched. I don't think you have to worry alot about my posts creating a land sales drive...... Nor do I think you have to worry about a feeding frenzy to drive prices even higher. They're still selling at 121k and more than half are at 130-135k for the most part with some 140's showing up . Islands are the cheap way out.
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