Home » Thoughts on the Quarterly Land Supply and Island Pricing Update: Nobody Says Naughty Word.

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Eager to believe you

Submitted by Delicious Demar on Wed, 04/09/2008 - 17:49.

Heya Bart :-)

I am eager to believe you that we do not really "own" anything. I mean, I have always known this in one sense - I understand that virtual land is not really there at all - and that LL in fact owns everything. It would be nice if i could convince myself that the initial price of an island is a setup fee. But, nevertheless - when you buy an "asset" - even if it is not real, or whether it confers ownership in the strict sense of the word - you still do it with the understanding that you are holding something of value - it's one of the reasons it is worth it to do the land biz - because you make a modest amount on your monthly rentals, and the value of the land is supposed to be somewhat maintained.

It's one of the reasons i never took money out of SL - I figured that at some point, if I wanted to leave, I would have a nice nest egg from selling the islands - in compensation for all the work that has gone into them.

I have thought about this a lot the last couple of days, and in the end - I am not as pissed off as I was yesterday. The fact is that island owners in many ways have been protected because islands are not subject to having the market determine prices. They are fixed - and with the massive influx of land in the last year, but with no massive influx of residents (that actually come back i mean) - I think that if the market was determining island prices - they would be a lot lower than they are now. But, since there is a limitless supply, and a fixed price - I guess we have felt (apparently inappropriately) secure that out holdings would maintain their value.

But yeah - my new mantra. "set up feeeee. set up feeeeee."

And I don't know what a mega land owner is. I was called a land baron on the SLX Forums, and I protested! I am no land baron! I have > 25 sims and to be honest, I have really no idea where that puts me in relation to anyone else. I suppose it is a significant number, but I have no idea if it qualifies as "mega". lmfao. not something I have really thought about before...

dd

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