The latest LL blog announces pricing structure changes to land. Super smashing great hey?
You can now get an island for a bargain USD$1000! Woohoo! Unless of course you’ve just ordered an island and then you have to pay the old price of USD$1675 and watch your investment fall over night.
Then of course there will have been those who ran out and purchased open space sims and now find that the super smashing value they appeared to represent, was not great value at all.
I bought my island last year so it’s not new. However I’ve been paying a shed load in tier, had VAT thrown at me and now I find LL are wiping hundreds of dollars off the value of my investment. This really isn’t encouraging. However it could be worse, I could be a land owner who placed a hell of a lot of faith in LL and has seen thousands wiped off their investment.
I invested only what I could afford to lose so I can’t complain, but I will say this, I have absolutely no confidence in this company to be able to look after my investment anymore so I think the time is right to start downgrading my mainland tier payments.
I know some people will chuckle about this, indeed probably more than some as landlords in SL are apparently in bed with Satan and are all evil. However this is a huge kick in the teeth to the estate owners who own the vast majority of Second Life’s land, something like 80% is private and it’s just taken a huge hit. Biting the hand that feeds you is always dangerous.
Ask yourself this, if you’d ordered an island this month, would you be happy with a decrease of around 40% in value before you’d even got started?