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Mainland Pricing is BONKERS!!

Elanthius Flagstaff
Registered User
Join date: 30 Apr 2006
Posts: 1,534
02-07-2007 07:34
From: Feras Nolan
I still cant understand why some people add to the land price calculation one year of tier as well.

The honest truth is it's just some BS number I made up to make it look like mainland wasn't all that expensive.
Stephen Zenith
Registered User
Join date: 15 May 2006
Posts: 1,029
02-07-2007 07:36
From: Elanthius Flagstaff
The honest truth is it's just some BS number I made up to make it look like mainland wasn't all that expensive.


It's an arbitrary length of time, but it does quite usefully demonstrate the effect of tier on the calculations, which a lot of people don't figure in at all.
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bilbo99 Emu
Garrett's No.1 fan
Join date: 27 Oct 2006
Posts: 3,468
02-07-2007 07:36
From: Curtis Conacher
Cuba has one of the best health care programmes in the world!

and then they go and make cigars .. go figure.
Annabelle Vandeverre
Heading back to Real Life
Join date: 30 Nov 2006
Posts: 609
02-07-2007 07:37
From: Curtis Conacher
Cuba has one of the best health care programmes in the world!

Are you serious? If it's so great there, why are so many of them getting on rafts and floating to Florida?? We're running out of room over here.

"Programmes" - you're from one of those socialist European countries, aren't you? Nothing against Europeans - I just prefer making my life into what I want it to be in the good ol' USA.
Kelly Nordberg
Registered User
Join date: 12 Mar 2006
Posts: 116
02-07-2007 07:40
From: Stephen Zenith
It's an arbitrary length of time, but it does quite usefully demonstrate the effect of tier on the calculations, which a lot of people don't figure in at all.

Aye, As a matter of fact one should figure more than just the first year, be also the future years at discounted rate.

However, 1 year is kinda like forever in SL. Never knows when LL would put in the next "adjustment" :)
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Kelly Nordberg
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Nicolas Biddle
Registered User
Join date: 15 Dec 2006
Posts: 48
02-07-2007 07:41
From: Annabelle Vandeverre
Are you serious? If it's so great there, why are so many of them getting on rafts and floating to Florida?? We're running out of room over here.

"Programmes" - you're from one of those socialist European countries, aren't you? Nothing against Europeans - I just prefer making my life into what I want it to be in the good ol' USA.


_____________
thread ends here.
Curtis Conacher
Registered User
Join date: 11 Sep 2006
Posts: 62
02-07-2007 07:43
From: Annabelle Vandeverre
Are you serious? If it's so great there, why are so many of them getting on rafts and floating to Florida?? We're running out of room over here.

"Programmes" - you're from one of those socialist European countries, aren't you? Nothing against Europeans - I just prefer making my life into what I want it to be in the good ol' USA.


I am a socialist yes I am and proud of it too. I dont want to get into an anti capitalist rant here because this is not the place to do so but suffice to say I have a conscience.
Stephen Zenith
Registered User
Join date: 15 May 2006
Posts: 1,029
02-07-2007 07:44
From: Curtis Conacher
I am a socialist yes I am and proud of it too. I dont want to get into an anti capitalist rant here because this is not the place to do so but suffice to say I have a conscience.


You've been on an anti-capitalist rant since the beginning of this thread.
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Alazarin Mondrian
Teh Trippy Hippie Dragon
Join date: 4 Apr 2005
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02-07-2007 07:51
From: Stephen Zenith
You've been on an anti-capitalist rant since the beginning of this thread.

Hmm, not so.
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Morwen Bunin
Everybody needs a hero!
Join date: 8 Dec 2005
Posts: 1,743
02-07-2007 07:54
From: Annabelle Vandeverre

"Programmes" - you're from one of those socialist European countries, aren't you? Nothing against Europeans - I just prefer making my life into what I want it to be in the good ol' USA.


PARDON ME???????

I am happy and proud to be European and on the European ways... socialism, libarism and a lot of other -isms included.

Morwen.
Yumi Murakami
DoIt!AttachTheEarOfACat!
Join date: 27 Sep 2005
Posts: 6,860
02-07-2007 07:54
This is starting to get silly. SL land is not comparable to a medical care programme!

Curtis; the only reason I can guess you're posting this is that you don't want to buy an island yourself, possibly because it's a big outlay. Well, if you don't want to do that, someone else has to (LL usually only sell land in regions/islands). They have to deal with swimming with the sharks in the land auction and all the research and market knowledge that requires (where bidders will bid the perfect price so that if you outbid them, you'll lose money even if you resell the whole sim), and they have to divide the land up and also have to take the risk of it not selling for a month or two and racking up their tier fee. And they have to recover that tier and their work time by charging more for the land.

If you want to buy your land at the island price, find some friends who also want cheap land, and buy an island together. It's what I did and I've never regretted it.
Annabelle Vandeverre
Heading back to Real Life
Join date: 30 Nov 2006
Posts: 609
02-07-2007 07:57
From: Curtis Conacher
I am a socialist yes I am and proud of it too. I dont want to get into an anti capitalist rant here because this is not the place to do so but suffice to say I have a conscience.


I respect your right to be a proud socialist - as well as that of everyone else who chooses to believe that way. We all do what our conscience calls us to do. I just ask that people respect our capitalist society- LL is based in California, USA - and not attack us as having no conscience or being a wicked bunch of thieves.

And that's all I have to say about that! :-)
bilbo99 Emu
Garrett's No.1 fan
Join date: 27 Oct 2006
Posts: 3,468
02-07-2007 08:00
a 512sm plot near me going for 30k .. 58L$/sm
Socialist or Republican .. someone'll buy it.
Atashi Toshihiko
Frequently Befuddled
Join date: 7 Dec 2006
Posts: 1,423
02-07-2007 08:03
From: Curtis Conacher
Cuba has one of the best health care programmes in the world!


Well I don't know about their health care, but I do know that I haven't seen or heard of many average Cubans spending their disposable income as tourists anywhere around here. Other than the previously mentioned rafts.

For that matter, I haven't found too many hospitals or doctors in SL. Nor foodbanks either. In fact, I'm going to go so far as to say, we have very little need for social services in SL at all. Of course, SL and RL are very different. I'm very happy to live where I live in RL because I believe we do need some of these things, to a certain extent - we need to eat, be healthy, etc etc. But in SL we don't need any of that.

Regarding the opinion that private islands are the absolute best of SL... well that is nothing more than your opinion. I don't hold land on a private island because I don't share that opinion. I hold my land on the mainland because I like the freedom to do what I want with my land.

-Atashi
Kelly Nordberg
Registered User
Join date: 12 Mar 2006
Posts: 116
02-07-2007 08:12
Without going into which system (capitalist or communist) is better. because this is not the place.

Let talk about why a regulated land price system would not work in SL, especially not for LL

1. People can easily circumvent it by going to a third party site (GOM anyone?) Money out of LL's pocket.
2. Lands sales, especially in $L increase the demand of $L. --> increase sale of $L by Linden lab --> overhead free revenue compared to maintaining a server (over US$625,000 in January = over 3000 sims worth of tier charge)
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Conifer Dada
Hiya m'dooks!
Join date: 6 Oct 2006
Posts: 3,716
02-07-2007 08:17
Within the virtuality of SL, the prices are real! If you really want that 16m ad lot that's for sale a 9999L$, the only way you'll get it is to pay that sum to the vendor!!
Better to give it a miss and look elsewhere, tho!
John Horner
Registered User
Join date: 27 Jun 2006
Posts: 626
02-07-2007 09:06
From: Curtis Conacher
I am a socialist yes I am and proud of it too. I dont want to get into an anti capitalist rant here because this is not the place to do so but suffice to say I have a conscience.


Oh dear, why did I succumb to temptation in answering this thread....-:)

Welcome to Second Life Curtis.

There are a lot of things Second Life avatars get up to if you will pardon the pun.

Even socialism that I suppose is more bread for the virtual masses. Providing of course I am one of the masses I will vote for it.. If on the other hand I am not (that is I am a land owning avatar capitalist) and I would have to pay for it, I am afraid I am rather against the idea.

This is a virtual place, which in many ways serves as a type of mirror for first life as it also consists of people.

Enjoy

Regards

John
Wilhelm Neumann
Runs with Crayons
Join date: 20 Apr 2006
Posts: 2,204
02-07-2007 09:19
From: Curtis Conacher
OK we'll take your figure of L$11/sqm as the cap. I still see loads and loads of mainland exceeding this L$11/sqm.


people try and make money its their right and no i dont support 22 cents per sq meter but there would be very little land bought and "resold to little people' like me and you if they didn't charge over what they paid for it as there would be little to no point in going to the effort of doing this.

Also I think you dont understand this game. Although I refuse to pay incredibly high prices for land (i liked paying 3k per 512 sq meters ..) I understand what and why they are doing it?

also there is the little issue of server fees (tier) these guys have to pay until they unload it all so over time its going to be more expensive or they would be broke and not selling any land and you would not be able to buy any. This goes for those who only buy say 4k of land and hold onto it for 6 months and then maybe want to buy more land else where but have to hold onto that parcel and pay tier while they sell it...

YOu can tell someone is dumping land to avoid tier if they
1) sell it to a baron for less then they paid
2) sell it for less then they paid period (less then your figure .. which is what a lot of land is selling for now if you search at the right time of the day or week)

prices fluxuate its part of this platform/game (depends on your slant on it) bottom line ther is no regulation and its all free enterprise

also have you read the other 2 million threads on the issue did we really need another one saying the same thing again?

if the price is to hi dont buy it this will force sellers to eventualy lower their prices to get rid of their land its simple but no one does it hence they can charge what they do :P
Wilhelm Neumann
Runs with Crayons
Join date: 20 Apr 2006
Posts: 2,204
02-07-2007 09:25
From: Curtis Conacher
I am a socialist yes I am and proud of it too. I dont want to get into an anti capitalist rant here because this is not the place to do so but suffice to say I have a conscience.



I think your playing the wrong game or using the wrong platform umm this economy definatly is not based on any socialistic viewpoint what - so -ever! if you want to spout this fine but you do realize that people pay REAL money for things like islands REAL MONEY THEY EARN

pay for the island would you like them to give it to you free? because that is what your asking from the looks of it. YOu want me or some other guy to go buy you an island and give it to you so that we are out of pocket expense (sell it for less then what we possibly paid for it) so that you can pay less?

I had a guy assume I was rich the other day I Laughed at him I said I enjoy certain aspects of second life and so i PAY for them. If you want something and you are not patient enough or have the time to find a way to earn the lindens in game go to your account and press the buy lindens button and then you can have it.

/shrug

i'm not trying to be rude but i dont think you understand how second life works
Lhorentso Nurmi
Registered User
Join date: 24 Nov 2006
Posts: 246
02-07-2007 09:30
From: Annabelle Vandeverre
Are you serious? If it's so great there, why are so many of them getting on rafts and floating to Florida?? We're running out of room over here.

"Programmes" - you're from one of those socialist European countries, aren't you? Nothing against Europeans - I just prefer making my life into what I want it to be in the good ol' USA.


Annabelle, the type of European socialist ideas you are thinking of are becoming history, thank god. Please think of them as cultural relics.

Fortunately most European countries, including ex-communist ones such as Poland, have fully embraced free market economic models.

What's left to do is convince those with communist fantasies that it ain't gonna happen. Or put 'em on a ship to Cuba :)
Lhorentso Nurmi
Registered User
Join date: 24 Nov 2006
Posts: 246
02-07-2007 09:32
From: bilbo99 Emu
a 512sm plot near me going for 30k .. 58L$/sm
Socialist or Republican .. someone'll buy it.


The would be fools. 512m2 parcels are going for 6-7K.
Atashi Toshihiko
Frequently Befuddled
Join date: 7 Dec 2006
Posts: 1,423
02-07-2007 09:34
From: Wilhelm Neumann
if the price is to hi dont buy it this will force sellers to eventualy lower their prices to get rid of their land its simple but no one does it hence they can charge what they do :P


Apologies for taking this last line out of context, but this contains one of those vague statements where opinion and reality overlap and might get confused.

"If the price is too high don't buy" -- absolutely correct! If something is outside your price range or your comfort range, then don't buy it. It's so simple.

"but no-one does it" -- this seems to be unqualifiable to me. How do you know no-one buys land when the price is too high? I would in fact submit that you are completely mistaken - nobody buys land when the price is too high.

What people seem to forget so easily is that "too high" can never be a fixed number. Everybody has a different threshold. That threshold probably varies from day to day or plot to plot even for a single person.

This is the problem that we keep coming back to, every time someone starts one of these threads. "Too High" is meaningless. What's too high for you might be just right for someone else. When someone complains that land is "too high" or the prices are "unfair" all they're really saying is the land they want is out of their budget.

I'd love to drive a brand new car but I cant afford it. Does that mean cars are too expensive, the car dealers are unfair, and the greedy automotive industry is out to rob all us average folk who just want to drive a nice brand new car? What if the government stepped in and imposed a cap - no car could be sold for more than $5,000 each? Then everybody could afford a new car -- assuming any car manufacturer bothered to try and make new cars under such a restrictive and money-losing scenario, rather than switch to building something else.

-Atashi
Wilhelm Neumann
Runs with Crayons
Join date: 20 Apr 2006
Posts: 2,204
02-07-2007 09:44
From: Atashi Toshihiko
"but no-one does it" -- this seems to be unqualifiable to me. How do you know no-one buys land when the price is too high? I would in fact submit that you are completely mistaken - nobody buys land when the price is too high.


-Atashi



hehe its simple there are people who regarldess of what people are charging for land who will go buy it anyhow. This makes it possible for those who charge high prices to keep charging them because there are quite a few people out there who do pay over 16per/sq meter (that was the benchmark about 2 weeks ago for a decent price) so yes many many people were paying 16+ per square meter for several months. This allowed people to keep charging it. If absolutely no one bought land at that price then it would not be sold at that price. I know because well i bought land at a cheaper price and about a week before the market was floaded with land I put up my land for sale because I had bought some elsewhere at the time the going rate was about 18-20 cents per square meter. I in fact am told I undervalued my land but sold it for 17 k (it was a 1072 meter plot) it sold in less then 5 minutes. So yes people will charge high prices for land and my price was cheap in comparison but I just had not the heart to raise it to the average price which was in fact higher

so yes people do pay it which is why i got rid of my land in 5 minutes for that amount of money its well over what people are paying now sorry

edited in afterwords so i am not so "vague" hehe the land I replaced the 1072 with was on a private island I bought a void sim 1/4 of one for 20k lindens and I Liked space and a regular piece of private land 4096 for 45k because I am one that wont pay those ridiculous prices (however if someone will buy it at that ridiculous price fine so be it i marked my land up and sold it at a profit and made 4k and since I had not even lived on it for a month I paid no tier on it either... so yes again people will pay that price and I under charged)
Regan Turas
Token Main
Join date: 21 Oct 2006
Posts: 274
02-07-2007 10:33
I've been on both sides of the land price equation recently:

I sold 1024sm of land for more than I paid for it, but less than the market rate at that time. Why? I wanted to unload my land quickly to avoid a higher tier fee. So I sold quickly to a neighbor and was quite happy with my small profit.

Technically, I "lost" money on the deal -- compared to potential profit -- but only if you don't factor in the time and money spent on advertising the land sale or the risk of a second month at higher tier. Frankly, given the RL rate for my time, it was a no-brainer to let the land go without a fight. I didn't want to take the time to learn how to promote a land sale. That's simply not an aspect of SL that interestes me.

On the flip side, I bought 8192sm parcel of mainland for a price well above the proposed L$7/sm ceiling. I specifically wanted mainland, which I prefer to island rental for a whole host of reasons. And I spent as much as I could reasonably afford for the land I wanted without worrying unduly about the price rate.

Could I have gotten equivalent land for a better price? Possibly. If I'd been willing to search harder and wait longer. But now we're back to the time factor. I wanted land to start a new building project -- which is my main passion in SL -- and every day I spent searching for a "bargain" was another day I was doing something I didn't like instead of having fun.

So for me, the per sm price of the land was factored against my impatience. SL is my hobby, an absolute immersion in fun, and I have sufficient discretionary income to indulge myself with a good size piece of land.

As far as I'm concerned, what I paid for the land was exactly what it was worth... to me.

Mileage, of course, will vary for other residents.
Cocoanut Koala
Coco's Cottages
Join date: 7 Feb 2005
Posts: 7,903
02-07-2007 10:42
Location, location, location.

People will pay more for a piece of land they want because it is contiguous to land they already own than they will pay for a piece of land sitting somewhere else.

coco
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