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Mainland Pricing is BONKERS!!

Rockwell Ginsberg
Boss
Join date: 3 Oct 2006
Posts: 560
02-07-2007 10:46
From: Cocoanut Koala
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


You're not kidding - look at the Morkeleb sim at auction - over $12,000!!!!
Feras Nolan
Registered User
Join date: 30 Mar 2006
Posts: 141
02-07-2007 11:33
From: Rockwell Ginsberg
You're not kidding - look at the Morkeleb sim at auction - over $12,000!!!!


Hum the funny part is its jumped from 4k to 12k, either someone got too much money, or well, I dont think even Anshe would throw out of the window 8k$, its a fake bid like we had already with the fake transactions to let the daily spent money ingame value on the home page go up insanely. I can just say LMAO.

Edit: and hm thats around 52L/sqm lol, selling for 60?
Learjeff Innis
musician & coder
Join date: 27 Nov 2006
Posts: 817
02-07-2007 12:35
From: bilbo99 Emu
hmm, not quite sure what stabilise, market and investments are doing in the same paragraph.
I always thought investments meant money for nothing, hence the old adage you need money to make money.


Take a macro economics course. Investments are NOT money for nothing. (Money for nothing is having an MT video! ;) )

Jeff
Cristalle Karami
Lady of the House
Join date: 4 Dec 2006
Posts: 6,222
02-07-2007 13:31
Honestly, the only thing that would really stop the madness is a cap on the amount of land one avatar can own. This is probably preferable to capping the price per meter, from the Lindens' standpoint. Of course this would be abused so long as LL doesn't police for illegal alts.... but theoretically, if people were limited to owning 3 or so mainland sims apiece (no limit on islands), it would definitely affect the market price and force the resellers to move their product before buying up more land and keeping the market rate as high as it is.
Desmond Shang
Guvnah of Caledon
Join date: 14 Mar 2005
Posts: 5,250
02-07-2007 14:15
There is no free market economy here. Never was one.


That's meant as a resident answer, about as solid as they come.

Think about it.
_____________________

Steampunk Victorian, Well-Mannered Caledon!
Lincoln Lupino
Hats & Slats Maker
Join date: 3 Dec 2006
Posts: 122
02-07-2007 14:19
From: Curtis Conacher
Cuba has one of the best health care programmes in the world!



Ah, now I know we are being trolled.
Gordon Wendt
404 - User not found
Join date: 10 May 2006
Posts: 1,024
02-07-2007 21:10
From: Lincoln Lupino
Ah, now I know we are being trolled.



You mean people are hiding under bridges and telling you that you can't cross it? :)
bilbo99 Emu
Garrett's No.1 fan
Join date: 27 Oct 2006
Posts: 3,468
02-08-2007 01:33
From: Cristalle Karami
Honestly, the only thing that would really stop the madness is a cap on the amount of land one avatar can own. This is probably preferable to capping the price per meter, from the Lindens' standpoint. Of course this would be abused so long as LL doesn't police for illegal alts.... but theoretically, if people were limited to owning 3 or so mainland sims apiece (no limit on islands), it would definitely affect the market price and force the resellers to move their product before buying up more land and keeping the market rate as high as it is.


Nice try Cristalle but what's stopping legal alts doing it? Each premium account gets that First Land option and they can create/join a group. Come to think of it .. what is an illegal alt? A non-premium one simply can't buy mainland?
Stephen Zenith
Registered User
Join date: 15 May 2006
Posts: 1,029
02-08-2007 01:38
From: Cristalle Karami
Honestly, the only thing that would really stop the madness is a cap on the amount of land one avatar can own. This is probably preferable to capping the price per meter, from the Lindens' standpoint. Of course this would be abused so long as LL doesn't police for illegal alts.... but theoretically, if people were limited to owning 3 or so mainland sims apiece (no limit on islands), it would definitely affect the market price and force the resellers to move their product before buying up more land and keeping the market rate as high as it is.


What if it were deeded to a group? How would you set the limits for the group? Based on the number of members? The possibilities for abusing that are endless.
_____________________
Aaron Aldwych
Silver Surfer
Join date: 26 Oct 2006
Posts: 55
Now I understand
02-08-2007 02:02
From: Gordon Wendt
You mean people are hiding under bridges and telling you that you can't cross it? :)


Gordon - thanks I have kept silent all this time because I just didn't know - now I am free.

I know what trolling is - thanks:p
bilbo99 Emu
Garrett's No.1 fan
Join date: 27 Oct 2006
Posts: 3,468
02-08-2007 02:06
I hate trolls ... but that's getting off-topic!
Gordon Wendt
404 - User not found
Join date: 10 May 2006
Posts: 1,024
02-08-2007 19:22
From: bilbo99 Emu
I hate trolls ... but that's getting off-topic!



bigot, trolls are living creatures too. :)
Morwen Bunin
Everybody needs a hero!
Join date: 8 Dec 2005
Posts: 1,743
02-09-2007 00:01
From: bilbo99 Emu
I hate trolls ... but that's getting off-topic!


And why is that, dear Bilbo? Because trolls like thier hobbits well done and with garlic?

:P :P :P

Morwen
bilbo99 Emu
Garrett's No.1 fan
Join date: 27 Oct 2006
Posts: 3,468
02-09-2007 00:23
From: Morwen Bunin
And why is that, dear Bilbo? Because trolls like thier hobbits well done and with garlic?

:P :P :P

Morwen


<whimper> :(
Pie Psaltery
runs w/scissors
Join date: 13 Jan 2004
Posts: 987
02-09-2007 06:55
I propose all land everywhere in the world be listed at the same price.
That farmland in Siberia be the same price as a condo in Manhattan.
Anything else is, of course, bonkers, because everyone knows its all just dirt anyway.


**giggles at free market economy**

Caps, limits, regulations, o my!
Freedom just doesnt sit well on some folks, huh?

And hobbits may be tasty with garlic but trolls are best fried crispy.
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Atashi Toshihiko
Frequently Befuddled
Join date: 7 Dec 2006
Posts: 1,423
02-09-2007 08:41
From: Pie Psaltery
I propose all land everywhere in the world be listed at the same price.
That farmland in Siberia be the same price as a condo in Manhattan.
Anything else is, of course, bonkers, because everyone knows its all just dirt anyway.


Tee hee! That's actually quite brilliant! My Siberian ice-farming friends will be absolutely giddy to know their windswept plains are worth millions of dollars, just like the Manhattan condos. :-) That's what you meant, right? Everything equally expensive? *just funnin*

Back on topic though, I see in the blog post about world metrics, mention of more increases in available land are planned. As a consumer I do hope that the prices come down lower.

Personally, I see the monthly tier as a much bigger obstacle to land ownership than the one-time purchase price. Using a RL analogy of buying property and paying property taxes, the 'taxes' in SL are incredibly high. I also find the 'steps' to be a bit unfriendly, i.e. even if you are only 1 or 2m over a tier level, you have to pay full tier at the next level, so you're paying tier on land you do not own.

The system seems geared to be friendly either for the very small (i.e the 512 tier you get free with premium) or the very large, where you get the best rate at the whole-sim level. In-between, if you aren't exactly at a maximum tier level, they have you paying tier for land you don't own.

If I wanted to complain about unfairness, that's where I'd focus. Maybe make it just a percentage or calculation based on the number of m you have, rather than bumping up to the next highest level when you go over a point.

-Atashi
Colette Meiji
Registered User
Join date: 25 Mar 2005
Posts: 15,556
02-09-2007 08:45
From: Pie Psaltery
I propose all land everywhere in the world be listed at the same price.
That farmland in Siberia be the same price as a condo in Manhattan.
Anything else is, of course, bonkers, because everyone knows its all just dirt anyway.


**giggles at free market economy**

Caps, limits, regulations, o my!
Freedom just doesnt sit well on some folks, huh?

And hobbits may be tasty with garlic but trolls are best fried crispy.

'

I like this idea - im gonna trade my stupid laggy land in Ohio for something in Hawaii.

Thanks =)

(ohh btw totally - heyas Pie , been a long time)


----- Ohh the OP can fix all these land woes - they can buy up all this overpriced land at market prices and SELL it all for $1L/meter

Power to the people and all that.
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