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Showing results for tags 'land flipping'.
Will Linden Labs ever regulate land flippers or the big real estate barons who control most of the prime parcels on mainland? I understand there's big money in SL real estate; I get it. But at the same time, I feel like many users are at a disadvantage when it comes to the mainland auctions. For example, there was an auction for a half-sim waterfront parcel in the Jeogeot Gulf, which is highly coveted by those in the SL combat community, because the Jeogeot Gulf is one of the few places on SL that allow for open rezzing, thus open combat. It is home to WW2 Central in Tulagi, and countless little strongholds and military group bases. The person who won it has put it back on the auction block for almost twice the amount they won it for. They're not even using it! Waterfront land in this area in particular, as well as the Blake Sea, is obviously high in demand. So when a parcel like this pops up in the auctions, obviously they're going to attract attention. Unfortunately, those of us who actually want to win and acquire the land in order to use it are at a disadvantage to those who only want to resell it for a higher price. What's the point of even bidding in an auction when you're going up against people who have the Lindens to spare? Especially after the new auction system where you have to have the Lindens in your account before you even bid? You could have people entering into partnerships with comrades and friends just to combine Lindens in order to acquire a coveted parcel, and still get outbid by people who don't even want to use the land themselves. Is there ever going to be a way to level out the playing field?