Cheap land

[kip Ireman]

Am I wrong in thinking that at 1 time buying linden mainland in auction was the cheapest way to buy land.. For example a 512 plot would cost you 512 L$ but I have noticed for a while now that land sales people are selling land at an extremely low price e.g 512 for 100L$ and so on. Obviously they are still making a profit at such low prices so where exactly do they get the land from so cheaply seeing as buying it in linden auction would cost far much more than they are selling it for ?

[Rolig Loon]

Don't assume that they are making a profit.  Somepeople simply dump land on the market at a ridiculously low price to get rid of it in a hurry and recover a small portion of their original investment.  It beats holding onto the property and continuing to pay the land fees, especially if you are planning to leave SL.  Also, don't assume that all landowners are smart enough to do the math right.  :smileytongue:

[Amethyst Jetaime]

There is a lot of abandoned land owned by LL on the mainland that they set for sale at $1L per prim.  Private land owners that want to sell have to price their land equal to or lower than that to sell it as there is more land available than people who want to buy mainland.  LL tends to reserve the choicest parcels for auction where they can get more than $1L per prim.   Private landowners that own land that is in high demand, such as lots on the Blake Sea can also get substantially more as there is demand for it.