Prokofy Neva Posted May 21 Share Posted May 21 So a group of you will say, "Oh, but it's not, why I just sold..." That always happens. It happens either because it's true; as Auden explained -- you're suffering, but someone else is opening a window or dully walking along. Or people object because they are part of the cartel that wants to keep prices up by saying everything is fine -- and in a way, who could blame them? To use the word "market" about this toy world is of course terribly misleading, because there are so many artificial constraints. The history of the auction disappears after a week or so and there is no deeds office; you can't see who is bidding, how much, for what, to understand if they are deliberately bidding to jack up the price (of course they are, if you just follow some auctions and TP inworld to see who wins them). There's a lot of abandoning; there's a lot of crazy pricing ("let me see if anyone will click and buy this G-rated steep, stony waterfront in a nothing sim for $92/m"), etc. Even so, with all the disqualifiers, it seems to me worse than usual, and I like to understand these mysteries in SL. Maybe I'm wrong. I don't think so, however, because I see these signs: o land for sale in Zindra for $5/m -- I haven't seen that in ages o land abandoned in Zindra o top bottom-feeding land dealers liquidating at 0.5/meter -- no, they didn't "always" do that. I've been in SL for nearly 19 years now. o prime waterfront going for $2/m, less o G land going for 0.9/m o land "priced to move" never moving -- I think of last year when I easily sold some nice land or even, frankly, last *month* when if I "priced to move* it would. o quick abandonments after auction wins -- they are land dealers who bid to drive up the price, then abandoned, or, if new to this, realized recurring tier was going to bite hard. I'm not in the land-selling business. So I don't really know. I only know what I see on the 55 sims where I do have land for *rent* which I visit regularly, which is more than most people look at, but it isn't "hundreds" which of course is what the Lindens see -- if they look, and I'm not sure they do. Why is this happening? Because it is happening, and your story of how you sold some prime waterfront at top dollar isn't quite convincing me. But try. My theories: Answer: Negative Reasons o COVID forbearance is over in the States (and likely elsewhere) -- Uncle Joe ended in May 11, and here we all are -- not only are subsidies dried up, prices are shooting up as telecoms, etc. forced to provide subsidies now try to make up their losses, and milk disappears from the stores due to high prices and supply chain issues, etc. etc. COVID killed some people; made others permanently sick; this does affect virtuality. Even in my little world, I still have tenants who died or got sick and struggle. o Some big landlords are defaulting or being expelled for land cutting, at least until they line up their next alts? There's always that churn but am I wrong it has increased lately? o Switch from rental from ownership -- I see this anecdotally. Some people ask to rent rather than buy a certain parcel, and of course the pernicious practice of putting land to sale to make it show up on the map, for a ridiculous price so that it won't be bought, but rented, adds to this. While I generally abhor this practice, as I do putting your company's name or logo in the sky to make it show up on the map, with search still so broken, it's understandable and I resort to it as well. o Overcrowded forums ad space and lack of effective advertising inworld; you see a lot of ugly, spinning "for sale" signs precisely because there is lack of *effective* advertising capacity in SL o Lack of diverse land dealers -- once there was a real range from cheap flippers to boutique landscapers because sales were brisk enough to provide incentive. Now they don't, and there are less and less people, with worse and worse practices like ad farms, micro-cutting, donuting, etc. Positive Reasons o Bellisseria -- Bellihub, new Victorian open plan, etc. attracted even more residents away from the Mainland. And that, after all, is the Lindens' master plan, and from their perspective, it makes sense. Therefore objectively speaking, I have to put it in the "positive" column even if not positive for me. o Homestead purchasing capacity in Premium Plus -- this has drawn away a likely small, but significant cohort of people away from the Mainland; why buy an 8192 when you can buy a homestead for a bit more and have it stay nice? o Island "purchases" and rentals -- still always a draw away from Mainland, and my impression is that those prices have fallen as the price of sims has fallen o Spring! People go outdoors. Yes, I get it. Good! Always nice to see people go from being "mouse potatoes" to at least getting a little sun on their pale work-from-home faces. Yes, this happens every year at this time. Yes, it gets even WAY worse in the "dog days of summer" when people are on vacation and dump SL land or don't buy it. But again, I feel it is worse now. 4 Link to comment Share on other sites More sharing options...
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