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Old 04-07-2008, 07:40 PM   #1 (permalink)
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Island Estate Price Change by LL

Quarterly Land Supply and Island Pricing Update « Official Second Life Blog

Island Pricing

Our new Land Store is moving through testing and will be launched in April, perhaps within a week or two depending on how final testing goes. It will be cross browser compatible and will provide nearly instant delivery of a new island after completing checkout.

For Q2 our Island pricing is changing. New islands will be USD$1000 and this change will go live upon the new Land Store being launched, so before the end of April. Orders placed before the launch will be at the current USD$1675 pricing. Monthly fees will remain the same for Q2.

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Old 04-07-2008, 07:45 PM   #2 (permalink)
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Can you say "Black Monday"?

/me smells desperation.

It's a big f*ck you to anyone who bought a mainland sim since they started dumping them to auction again. Most mainland sims go for well over $2000. Or at least they did before this announcement.

That's a pretty dramatic drop. Mainland landlords will feel the sting. Look for the price of Mainland to drop too. I'd say the base will soon be L$6.5 a meter.
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Old 04-07-2008, 07:51 PM   #3 (permalink)
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It's an amazing drop in price. I'd like to think it's a wonderfully creative idea that will encourage more to buy in SL and will greatly increase our population.

I think that the recession is the more likely cause and LL is getting desperate.
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Old 04-07-2008, 07:53 PM   #4 (permalink)
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Now, if they cut the tier..... I'll go for it, and finally link up with Caledon.
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Old 04-07-2008, 07:57 PM   #5 (permalink)
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Now, if they cut the tier..... I'll go for it, and finally link up with Caledon.
How much is it now?
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Old 04-07-2008, 07:58 PM   #6 (permalink)
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My rentals are really low this month. I have a bit to many open lots for comfort. I wonder how this will effect it. I think the drop is good for sl overall, but really sucks for people who have invested a lot into islands and mainland.
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Old 04-07-2008, 08:00 PM   #7 (permalink)
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They just royally screwed all sim owners!

Whether you own a mainland sim, or an Estate, you just got hosed. If you ever planned to sell your estate and recoup what you paid, now you won't. And mainland sim values will be plummeting too.

I'm all for price drops but this is too much all at once. Idiots.
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Old 04-07-2008, 08:00 PM   #8 (permalink)
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Old 04-07-2008, 08:03 PM   #9 (permalink)
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Old 04-07-2008, 08:04 PM   #10 (permalink)
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How much is it now?
$295 a month, plus I'd be hit with VAT
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Old 04-07-2008, 08:05 PM   #11 (permalink)
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How much is it now?
Well since no one is answering I will just say I always thought the tier on Islands was too much given the initial upfront cost in comparison to the same price for sharing some server space elsewhere.
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Old 04-07-2008, 08:06 PM   #12 (permalink)
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sims did cost $1675usd, and after all transfer fees and resell costs and finding buyers they generally resold at around 1K. I can see em dropping to 500 bucks resale.
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Old 04-07-2008, 08:06 PM   #13 (permalink)
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$295 a month, plus I'd be hit with VAT
Fuck that noise.
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Old 04-07-2008, 08:08 PM   #14 (permalink)
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Fuck that noise.


So they wanted 1675 up front then 300 a month, that is outrageous.

Just drop the tier so people can make up the cost of their island on resale, ffs.
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Old 04-07-2008, 08:10 PM   #15 (permalink)
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Originally Posted by Sarah Nerd View Post
My rentals are really low this month. I have a bit to many open lots for comfort. I wonder how this will effect it. I think the drop is good for sl overall, but really sucks for people who have invested a lot into islands and mainland.
It will decrease the pool of renters but won't dry the market up completely. A thousand bucks is still a big-ass one-time payment for a lot of people, and as has already been observed, the resale value is going to be significantly lower. Things will get very competitive now though, I'm afraid. I'm just glad I decided to stick with my "buy only with SL money" policy when adding new islands.
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Old 04-07-2008, 08:12 PM   #16 (permalink)
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Whether you own a mainland sim, or an Estate, you just got hosed. If you ever planned to sell your estate and recoup what you paid, now you won't. And mainland sim values will be plummeting too.

I'm all for price drops but this is too much all at once. Idiots.
Sheesh....that was the first thing I thought as well. I guess it's a good thing I never planned on recouping my purchase price (mainland sim). That's a huge drop all at once.

Of course, I never thought the initial cost was the major barrier....it's those absurdly high tier fees. I guess people don't notice as much if they pay over time--lwhich is why I suppose people get into so much trouble with their credit cards, too.
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Old 04-07-2008, 08:13 PM   #17 (permalink)
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If I lose it all tomorrow, I end up with what i started with in sl....nothing. Well I'd lose a few years of busting my ass, but I guess thats all.
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Old 04-07-2008, 08:18 PM   #18 (permalink)
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Old 04-07-2008, 08:23 PM   #19 (permalink)
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Old 04-07-2008, 08:25 PM   #20 (permalink)
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I love this game, I really fucking love it, but I hate it when my support is returned with slaps in the face from LL. I would be 100% fine with price decreases, and honestly welcome them but like Ray said slowly and over a period of time so that everyone could adjust accordingly.
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Old 04-07-2008, 08:35 PM   #21 (permalink)
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I love this game, I really fucking love it, but I hate it when my support is returned with slaps in the face from LL. I would be 100% fine with price decreases, and honestly welcome them but like Ray said slowly and over a period of time so that everyone could adjust accordingly.
That is not their style. Don't you remember when they did the price increase? I believe that someone at LL wants an influx of cash coming in.
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Old 04-07-2008, 08:44 PM   #22 (permalink)
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Some people (people who don't own sims) dont' want to wait 4 years for them to drop land prices $25/month every month.

it was only a matter of time; I imagine their costs have collapsed since they started charging those prices... in tech, costs go down, not up, assuming the same hardware requirements.

Oh, plus they're now competing with OpenSim and all the other VWs out there.
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