Posted just now
I live on a fixed income and have only one premium account but I have to ask, did Linden labs even consider this as a thing they needed to look out for? I see a trickledown effect they won't like the results of happening soon.
1) Premium goes up
2) Retail space has to go rental rather than ownership because they can no longer afford 'land alts' to keep space open
3) People have fewer free $L to spend because they have fewer real bucks to spend.
4) Less free income to spend on retail purchases means retailers go hungry, so they begin closing quickly...even moreso if they actually LIVE on their SL income and the transfer fees make it no longer feasable to make a meaningful profit.
5) Overall fewer memberships are created or maintained because there is little to no point to remaining in what will become an increasingly expensive and empty grid..thus far smaller.
I would also encourage LL to not reduce group slots for free members and consider a special premium tier fee (reduced, obviously) for people on fixed incomes.
One more thing, people going through this and stil renewing need to be offered perks NOW like updated Linden Homes or something equally valuable, and you need to encourage the basic accounts to stay as well...rather than just abandon altogether...cutting their groups won't help and making it more expensive to trade up won't either. Consider the numbers. What percentage of SL memberships are premium? What percentage of THEM actually pay land fees directly? I'm guessing it's in the single digits percentage wise and in the end it will trigger a steady decline. I am concerned this is their way of 'encouraging' people to move to Sansar or some future product which, frankly, nobody is doing now of their own accord.