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Vialli Rossini

$L7.25 ?? Is that your experience ?

Update on Mainland supply « Official Second Life Blog

Sarah Nerd

Yea they have magical calculators for these figures. Last office hour I told Jack to stop the fancy stuff and just hire me to tell them how the land market is going. Front page list (Where most movement is) has been dropping last few days to mid 3's.

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Aki Shichiroji

Not really. I was able to sell a 1024 for $10sqm, but that was to someone else in the sim who seemed to really want it. More recently though, another neighbor had some difficulty getting rid of his 8000+sqm for anything under $5/sqm. Much of the land in surrounding sims follows this trend, or it just sits there overpriced, with the exception of anything along protected water, of course.

I really disagree with the resumption of mainland sims at this time... or at least at the same rate that they were going before they stopped.

The mainland is so full of land for sale right now... that needs to be consolidated first before confidence in the land market can grow.

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Aki Shichiroji

Neat in theory, but completely impractical in reality. As it is, folks have to poke and needle them in to reclaiming abandoned land and putting it up for auction. I have seen 'Governor Linden' reclaimed land sit for the better part of a year now with no indication that the land will ever be available to the public again... simply because this is the state of the mainland.

It's grown WAY too big to be managed in any reasonable way and the lack of planning or management on LL's part is going to drive people away in the long run, NOT encourage them to buy land, no matter tier level they feel they can afford or how cheap they can pick up a parcel.

Lucifer Baphomet

Last night concierge chat was full of panicking island owners demanding LL put the price of islands back up.

I disagreed with them

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Aki Shichiroji

it's one thing to say... 'surrreee I understand what LL's doing - they're protecting their bottom line' by concentrating on ONLY serving up land in the form of islands.. and providing little to no care for the mainland is 'understandable'... but this is the whole LL broke ground on and this is the whole it continues to dig. Continuing to dig downward to make the hole bigger does not pay heed to the unstable sides of the hole that could cave in at any time.

Aki Shichiroji

I can agree with the accessibility that a lowered $/sqm can provide in theory, however what I've seen it encourage instead is more people trying their hand at land flipping, failing, then letting the land sit, or moving on to land extortion and carving it up in to completely useless parcels that only neighbors who don't want to see the land go to crap would buy.

And LL wants to put out MORE AND MORE of this land for people to ruin?

The Mainland is a MESS. Not only because land prices are low, but because... it's ACTUALLY a mess. That just sits there, seldom gets consolidated, and drives people either to buy an island or go away.

FlipperPA Peregrine

That value of mainland is really kind of crazy. Old/Feted land still sells for amazingly high amounts. Check out the prices in the colored sims - they actually sell for that amount too. I know, I've sold off quite a bit of it lately. Now that my Ravenglass plot sold, I'm down to $0 / month... living off my free tier only.

I guess the + / - 40 meters on the mainland, coupled with the "nice neighborhood" really does add value.

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Aki Shichiroji

I agree with you - the price of full islands should be accessible to more people.

Accessibility to such full regions for more people doesn't necessarily mean a BAD thing as long as folks who are offering them as alternatives to the mainland actually provide a value added product.

That said, not everyone wants or needs a full region of space, and some people do still believe in the uniqueness and sense of community the Mainland offers, even if it's now present only in pocket areas that are rarely let undisturbed by adcutters/extortionists et al. It is that uniqueness and sense of community that would be ignored and spread thin by the continued dilution of adding land on the mainland, IMO.

Hypatia Callisto

I'm one of Robin Linden's mainland neighbors now And I paid nothing for the land... traded land for it.

I pay no tier for my mainland, down to just the free tier now, too. I do pay for quite a bit of land in Caledon and an openspace in Winterfell, though. I prefer being in a micronation where I like my neighbors and land baron.

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Aki Shichiroji

To me, the coloured sims represent a time and place in SL where creative folk came together and made use of a great, mostly unabused resource, and used it to form a great sense of community, productivity and uniqueness.

While SL is no longer at a scale where that can be done in concentrated amounts, inflating the total square footage on the mainland is really not helping to foster or maintain value & intention to make land owned there worthwhile.

Galen McGinnis

I spent the last month poking around mainland looking for a decent sized parcel (1/4 sim or so). I watched as full sims on the new continent Gatia (?) were mercilessly chopped into smaller and smaller parcels, a few now have 50 or more, promising a quality of lag that will make a full combat sim's stats look good. The ad cutters have also made it to the new world, marking the paths of future roads with their nasty little boxes (will Linden ever get a clue?). In the end I picked up a little piece of snowland (makes me feel part of the old) and a nice rental on an openspace, fulfilling my prim hoarding need.

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Miriel Enfield

There's a concierge chat?

Sooz Pascale

IF LL was smart, and I do not believe they are, they would hire Sarah at a fairly high salary to run the land part of their business. She is SMART, knowledgeable and ethical. I would volunteer to be her secretary.

Sooz

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Cincia Singh

I think I heard some faulty logic ... let's suppose LL did "give away" abandoned land or sold it cheap (3L/sq m) in exchange for the tier payments it would bring. How many people do you think in the game are unable to pay the full price for an estate or mainland sim but CAN afford the monthly tier on an estate or full sim? I'd bet not as many as you might think! And I'd think it wouldn't be long before those sims and estates that were sold off cheaply for the tier would soon be sitting abandoned once again and be recycled once again!

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Madhu Maruti

Will you please talk to my neighbor who is still asking $15L/m for his crappy-ass plot in the middle of our crappy-ass, landlocked, blighted mainland sim?

I actually offered him $10L/m for it - that's how badly I wanted it at one time - and explained that it was a better offer than he was ever likely to see given the average prices around the mainland. He didn't even answer.

I know LL has wreaked disaster on mainland prices but it sucks for me that my neighbor seems to be the one guy who doesn't realize that.

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Lucifer Baphomet

Mmhmm..

If youre at concierge level harass teh lindens for an invite to the group.

Lucifer Baphomet

Tier is the killer

Wildefire Walcott

What the hell? Why?

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NeoBokrug Elytis

My guess is that sink or swim thing I had mentioned earlier in the week.

I christen this time period of Second Life as "The Age of Drowning". Estates will sink back into the ocean of the grid more frequently than normal. The post land store bubble is popping.

Edit: On topic:

Good, LL shouldn't open new sims for a while until they recoup all the abandon land in the mainland.

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Luxa Budan

Well since my islands have a value added with a MMORPG system in place we are mostly immune to the fluctuations in the land. However, I often sit here and say "What are they thinking" when lindens make decisions. Its like many of their choices are designed to drive people to the point of giving up on SL. One of the biggest reasons SL is so successful is that it is a marketplace and as such is subject to similar theories as RL for continued success

Ok Casinos made sense, when the government wants a look under the hood and the Bo Dog head ended up in jail, you take action. Big hit but survivable. Even the Banks made a certain amount of sense but the implementation was disastrous. Their response to major bugs appears ad hoc if even that organized. An increase in lost items and more importantly Lindens from the system with little to no way to be made whole for the loss of considerable amounts of money. The list goes on and on and SL is diverse enough that it can absorb the change and acclimate to it.

Then you come back to the land. Ok fine drop the startup prices private regions, flood the market with sim owners looking for renters, stores and whatever. We will forget that the influx of land drives traffic down per sim to the point commercial rentals barely make sense and gut the market prices for actual land rentals so you might be lucky if you can cover the cost of the sim. Sure maybe dropping the monthly price to say 250 US might make more sense in driving interest toward getting islands and actually making ends meet on a sim less cut throat. Fine. Market adjusts again, hopefully.

Public confidence (haha its really funny how much RL meets SL) is weakening. OK casino folks bolt. Bank folks bolt. People who cant stand the instabilities bolt. You cut confidence in the value of land by devaluing it with lower costs plus this drastic shifts with little or no notice for the market to prepare. Now you have an expansion of the Linden continents. More land available. Land owners, even those with large holdings, are now being pressured out of the market. Not sure how many more hits the lindens can keep throwing at this interesting experiment and it still keep absorbing it. Scarcity and predictability = market confidence and stability, the lindens seem to be trying to excel at cutting the legs out from both.

Me? While my community of 20 sims is soon expanding to 25-30 is not so much about the money rather then the community. However, it is the value added to those sims by the MMORPG environment that gives me that luxury of not being subject to the coming chaos. Even with that said, I am looking at other avenues of expansion because the repercussions could be larger then we can grasp.

*Gets down off the virtual soap box, picks up my rifle and waits for the carpet-baggers*