A better way to manage apartment rent

davidgr1200

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AS we all know, most apartments stand empty, unused and impossible to get into, with their owners hoping their value will increase. I have nothing against people doing that, but they should not be able to do it free of charge. I would like to see the rent system overhauled so that everyone who has an apartment HAS to pay rent. It could work like this:

1. Instead of 10PED per month in rent it would cost 4 PED per month in rent.
2. If you don't pay your rent you go into arrears
3. You are allowed a maximum of 48PED in arrears (1 year)
4. When you reach the 48 PED arrears the apartment goes back to Marcus and goes automatically to the auction.
5. The income from the auction goes directly to MA and NOT to the avatar who previously owned it.
6. Any contents of the apartment would return to the avatar's storage
7. Any apartment with rent in arrears can NOT be put onto auction by the owner
8. You can pay off the arrears at any time before it reaches 48PED.

This would mean that in practice instead of about 20% of the apartment owners paying 10 PED a month. 100% would be paying 4PED per month, thus doubling Mindarks income from rent. (the apartments where the rent is not paid would presumably fetch more than 48PED on auction).
It would also mean that more people would be able to obtain an apartment and there would be more activity there.
For the people who do regularly pay rent it would be a lot cheaper, even if they are away for half the year.
 
I don't much agree to that.

I think the current system is good because:

There's no acumlation. So you can not use the house for years and if you want to use it, just pay 10 PED

I guess it's already advantageous if there's no acumulation
 
i think a year is to long

if you do not pay the rent on your house is it going to take a year to be evected from your home


3 months no rent boot them out same for shops and hangers make the items avalable to those who wish to use them for what they are intendet for
 
Personally, I like the way the rent is currently managed. If you're interested, as soon as I can put my apartment into restricted status, it will be available on auction. Bilton Tower 2 #7A
 
The maintenance fee is NOT rent.

It's an access fee - to an item that was purchased outright.

A bit like the equipping fee on armor and clothing.

What you're suggesting is equivalent to having to pay a daily/monthly fee on any armor or clothing you are holding in storage - even when you're not using it just at the moment.
 
I can't even log in to pay my rent at the moment. >_<
 
When you pay the 10 ped access fee, it doesn't go to MA but to the loot-pool. MA/FPC only take a portion of the decay. So whatever changes made, it will come out of your loot.
 
about this thread only i can say: MINDARK I NEED MY APARTMENT!!!
 
Lets try one more time.
"Rent" is not rent it is a maintenance fee, like your clothes. You take your clothes off you pay 2 pec. You put your clothes on you pay 2 pec. (how ever it works. I never pay attention)

Think of it this way. You BOUGHT a MOD Merc used it until it was totally decayed and then left it in your storage for months at a time. To use it again you would have to repair it. The repair cost is like the "rent". Now I don't like the fact that you leave your Mod Merc unimpaired. I think you should pay a fee to keep the Mod Merc. If you don't pay the fee it should be confiscated and sold for the amount in arrears your fees are.

I BOUGHT my apartments . I DO NOT "rent" them.
 
Keep ya paws off our appmnts n hangars and find something else to moan about!!


LOL I didnt think his suggestion was going to be popular lol :laugh:

Maybe he does have a point though, alot of unused appartments out there, and people just hanging on to them for investment purposes, although I cant knock that either..

then again.. someone did buy out LOADS of them.

I might have a snigger if they had to pay rent, or lost them.

People that want appartments to use, could at least get them, and they would be used as they were intended to be used.

:D
 
Its not rent its maintenance fee, a apartment is something you buy, if it was rent you wouldn't need to buy the deed.

I disagree with this completely, if what you say was implemented think about the people that suddenly cant log in for whatever reason, rl, computer messed up, whatever, all those rightfully owned deeds, some that can cost over 1k would be instantly lost to ma.

And tbh it would be a reason to sell your apartment asap causing alot less apartments being owned at all, so instead of it storing items and not being able to be entered, there will just be alot of empty apartments not being used for anything not even owned.
 
I can't really agree with the people who compare it to armour and clothes. No one is hogging all the clothes so that new players cannot buy them, same goes for armour, there is plenty of armour to go round, everyone can have some armour if they want it. I would accept this argument if MA were regularly releasing new apartments, but they are not. Perhaps they should be?
To those people who disagree with my suggestion, how do YOU think that the prblem with so many apartments standing unused and inaccessible could be solved? Any suggestions must of course allow MA to collect at least the same amount of money from apartments in total (whether it goes to MA or to the loot pool).
 
I`d be up for a system that made apartments more accessible and appealing to more players. I would think in this world that an apartment should be something that every player should be getting into fairly soon after deciding to spend some time in EU. For the years I`ve been playing most never have one so in effect we have a huge homeless population in EU. Settling these players would maybe make them feel more a part of the world and give a better impression of the game and it`s inhabitants to new and perspective players.

As it is apartments are not that expensive but I think they could be cheaper to entice more to buy them. I think it`s kind of silly just to have them there as another "investment" opportunity. Investing has already put way too much out of reach of the everyday players and breeds complaints and resentment from many. The hangars too. Many go unused(not talking about currently as they are not functional atm). And what we have is people having to wait for flights and pilots trying to fill ships. If it was cheaper to fly and own I think it would be a much more robust business. MA did create only so many and the players have elevated them to such a worth. But it`s the speculative side of them that creates stagnation and inflation.

This pertains to many things in EU. I don`t think MA started out thinking so much stuff would become so expensive and out of reach of so many players. It would be nice to see some rebalancing. Sure some people won`t be happy because they would lose money but I think even more would be happy to see more and reachable possibilities in game and the result would be more participation.

With that said I own one apartment and could care less if it`s 48PED or 10PED a year if I only used it once. If it would help house all the homeless of EU and give us a better sense of community and stability I`m all for it!
 
Another way to think of rents is as decay. I pay ten peds to access my apartment for thirty days. Each day it decays 0.33 peds. At the end of thirty days it has reached min TT and I need to repair it.

The "rent" on my apartments is usually paid for a full year, because I use them as storage. They are full of storage boxes not empty. If you want to go into my apartments and look at my storage boxes feel free.

I personally don't see what other use apartments and estates have.
 
I can't agree with the suggestion, I paid for my apartment and don't think it should be taken away and sold if I choose not to pay the access fee.

I think the fee should be eliminate in fact, there is nothing extra gained, except the ability to use the item I paid for. It would be like having to pay a monthly access fee to the storage terminal if you wanted to access your storage.

To me it feels like a tax, 120 ped a year for the ability to use an item I paid for. Let's say I buy an apartment for 600 ped - in fact I did buy one for 600 ped. It costs me 120 ped a year to use the apartment I paid for or 20% of my purchase price. Why in the world do I have to pay 20% yearly fee to use what I paid for.

I do not pay 20% fee to use the armor or gun I bought? More importanly why do the landowners not have to pay the same type of access fee to access their land? The people that use the land pay a tax to the landowner on all their loots, but the landowner does not pay MA a monthly fee like those that own apartments or shops have to.

With the limitations in storage I need the apartments to store items and it is bad enough I have to pay for that privledge.

I vote NO - MA should eliminate this charge not make it cumulative and not take my property and sell it if I do not pay it at some point.
 
For a lot of people there was a simple reason why we bought apartments. A while ago storage got full at quite a low number of items, the only solution was to buy an apartment and use that to store them. Thats the reason I got mine and I know a few people who had 2 or 3 just to keep boxes in.

On CND this was (until vu10) the only option to store items and for miners it meant they did have to haul large amounts of ore / enmatter around slowing them down.

Its true that many apartments when they went on auction originally got bought by resellers (the ones with balconies) and not even claimed.

However taking them away just because you don't use them or pay the maintenance fee then thats out of order. What about items in storage that I don't use, will you take those and put them back in loot because I don't decay them?
 
AS we all know, most apartments stand empty, unused and impossible to get into, with their owners hoping their value will increase. I have nothing against people doing that, but they should not be able to do it free of charge. I would like to see the rent system overhauled so that everyone who has an apartment HAS to pay rent. It could work like this:

1. Instead of 10PED per month in rent it would cost 4 PED per month in rent.
2. If you don't pay your rent you go into arrears
3. You are allowed a maximum of 48PED in arrears (1 year)
4. When you reach the 48 PED arrears the apartment goes back to Marcus and goes automatically to the auction.
5. The income from the auction goes directly to MA and NOT to the avatar who previously owned it.
6. Any contents of the apartment would return to the avatar's storage
7. Any apartment with rent in arrears can NOT be put onto auction by the owner
8. You can pay off the arrears at any time before it reaches 48PED.

This would mean that in practice instead of about 20% of the apartment owners paying 10 PED a month. 100% would be paying 4PED per month, thus doubling Mindarks income from rent. (the apartments where the rent is not paid would presumably fetch more than 48PED on auction).
It would also mean that more people would be able to obtain an apartment and there would be more activity there.
For the people who do regularly pay rent it would be a lot cheaper, even if they are away for half the year.

Second worst suggestion ever in the history of EU. Ill thought through and would anger the majority of the player base (who are allready unhappy).


Many players store items in a flat for long term and don't access it for a long long time. This would simply make their life impossible.

Instead of ramping up cost of existing items (houses in this case) a better solution would be to give each player a mobile hut which they can drop and use wherever they like and made such that no one else can pick it up.
 
The maintenance fee is NOT rent.

It's an access fee - to an item that was purchased outright.

A bit like the equipping fee on armor and clothing.

What you're suggesting is equivalent to having to pay a daily/monthly fee on any armor or clothing you are holding in storage - even when you're not using it just at the moment.

What she said :wise:

There are a lot of good weapons, tools and armors just gathering dust in the owners storages, (and some of that equipment is a lot harder to get than an appartment) should the owners pay to have them there ?? should they be taken from them if they are not used in a year.... or a month ??
Dont think so....

Sorry to say, but its a stupid suggestion .

S V :tiphat:
 
wel i bought a appartment on CND when i mined alot and didnt mind a "fee" for having a storage as did many others...

now MA put storage up there and screwed the ppl who didnt mind paying and now you want me to pay for having the appartment even if its not used...

cant see the point in that...

if there where no fee on the appartments they would be used more in sure cuz if we face it there are only for show and not to any use cuz you have storage every where.

when they first was introduced i thought "damn i want one" but then i found out about the fee and that they didnt really do anything so i didnt get one before i started mining on CND cuz then i had a use for it.

if MA really tought ppl should use the appartments they would have made a "need" for them. like it was on CND before they placed storage up there



just my thoughts
 
it need to change

i am very much dissapointed with current system

lots of apartments are empty, expired fee, etc.

many shops and stands are empty;

i want to buy or rent a shop, apartment, stand to conduct a regular busines - but i cannot - because some freak has monopolised everything in the first place, and so much real estate is just closed off to me or the owners have just locked them up and abandoned game - WTF

i am waiting for the change - or this game go to hell - i am not investing a cent in this one man owned market; i'm quite mad at this point, so ill better leave,
cool off
 
I know I'm kinda dredging up an old topic but I would just like to add that with the coming of the new planets I would think this would make all the real estate plummet ,as the player pool will be moving onto the other planets, this will teach the hoarders a lesson as the price spirals to the floor..hehe
 
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When you pay the 10 ped access fee, it doesn't go to MA but to the loot-pool. MA/FPC only take a portion of the decay. So whatever changes made, it will come out of your loot.

I want to know if this is 100% true, i beleive it is. and i will base my arguement from it.

Lets try one more time.
"Rent" is not rent it is a maintenance fee, like your clothes. You take your clothes off you pay 2 pec. You put your clothes on you pay 2 pec. (how ever it works. I never pay attention)

Think of it this way. You BOUGHT a MOD Merc used it until it was totally decayed and then left it in your storage for months at a time. To use it again you would have to repair it. The repair cost is like the "rent". Now I don't like the fact that you leave your Mod Merc unimpaired. I think you should pay a fee to keep the Mod Merc. If you don't pay the fee it should be confiscated and sold for the amount in arrears your fees are.

I BOUGHT my apartments . I DO NOT "rent" them.

A Property is not like an normal item. Its value is totally determined by the players, As more and more players come up with ways to take your property away from owners that are not useing them, its like saying property values have become too high. And if Propertys Fee's do go into the loot pool and the loot pool is bad right now, then obviously this Luxury item needs some further looking into.

I do not agree with the OP completly but he does have some good points, i do not beleive MA should take the money from the sale, the sale should go to the owner of the property.

Its not rent its maintenance fee, a apartment is something you buy, if it was rent you wouldn't need to buy the deed.

I disagree with this completely, if what you say was implemented think about the people that suddenly cant log in for whatever reason, rl, computer messed up, whatever, all those rightfully owned deeds, some that can cost over 1k would be instantly lost to ma.

And tbh it would be a reason to sell your apartment asap causing alot less apartments being owned at all, so instead of it storing items and not being able to be entered, there will just be alot of empty apartments not being used for anything not even owned.

There is an issue where some players cannot no longer enter the game to manage their property's and anything dealing with changing the Property Law in EU should be concidered at a time down the road to allow these players to come back into the game. But what if they never return? We need to get these propertys back out to people, that can use them. To feed the loot pool at least.
And a forced sell will only transfer the value from one player to another. I am agenst MA from getting money from this sale. It has to be the player. And if they make more money from it great if not we found the true value of the property's again. It is the Fire-sell princible that was supposed to be the plan for america's houseing markets before they bailed out the banks.

I`d be up for a system that made apartments more accessible and appealing to more players. I would think in this world that an apartment should be something that every player should be getting into fairly soon after deciding to spend some time in EU. For the years I`ve been playing most never have one so in effect we have a huge homeless population in EU. Settling these players would maybe make them feel more a part of the world and give a better impression of the game and it`s inhabitants to new and perspective players.

As it is apartments are not that expensive but I think they could be cheaper to entice more to buy them. I think it`s kind of silly just to have them there as another "investment" opportunity. Investing has already put way too much out of reach of the everyday players and breeds complaints and resentment from many. The hangars too. Many go unused(not talking about currently as they are not functional atm). And what we have is people having to wait for flights and pilots trying to fill ships. If it was cheaper to fly and own I think it would be a much more robust business. MA did create only so many and the players have elevated them to such a worth. But it`s the speculative side of them that creates stagnation and inflation.

This pertains to many things in EU. I don`t think MA started out thinking so much stuff would become so expensive and out of reach of so many players. It would be nice to see some rebalancing. Sure some people won`t be happy because they would lose money but I think even more would be happy to see more and reachable possibilities in game and the result would be more participation.

With that said I own one apartment and could care less if it`s 48PED or 10PED a year if I only used it once. If it would help house all the homeless of EU and give us a better sense of community and stability I`m all for it!

A rebalencing of the property's market would be needed. I beleive that if MA was to start selling property once more now would help out the new players, and hopefully the loot pool. but prices need to be found via min bid auction. i do beleive prices have gone down. judging from some of the min bid autions that have happend so far i noticed yes prices have went down. but MA should not flood the market, and they are not. they are walking the line between finding cheeper prices, but also maintaining the investor's prices.

To just release a wave of new property's would piss off the people that paid too much for them. then again it could get the loot pool better off. but we cannot forget alot of players without property cant log in.

Another way to think of rents is as decay. I pay ten peds to access my apartment for thirty days. Each day it decays 0.33 peds. At the end of thirty days it has reached min TT and I need to repair it.

The "rent" on my apartments is usually paid for a full year, because I use them as storage. They are full of storage boxes not empty. If you want to go into my apartments and look at my storage boxes feel free.

I personally don't see what other use apartments and estates have.

"Rents" are a form of decay but it feeds the loot pool becouse it is a luxury item, pay your fee's and fix the loot pool. or hell see if there is any change. we got a problem with our loot pool now and a whole bunch of closed down shops and apartments. Do you see what i am seeing, is there a connection or just a coincidence?

I know I'm kinda dredging up an old topic but I would just like to add that with the coming of the new planets I would think this would make all the real estate plummet ,as the player pool will be moving onto the other planets, this will teach the hoarders a lesson as the price spirals to the floor..hehe

I forsee this also, and it should kick some people into gear to start getting their investments sold now, or risk losing alot more money. in a way they need to shortsell their investments now so they can buy more in the future. If they dont short sell they will lose out. and struggle to get the returns they were expecting. Or they can deposit the same amount and buy the new property's again to keep their investments at the price it is now.

I dont see these people doing this. So there ya go.

Economics from a ADHD, Non college Educated, zero oppertunity, OIF Veteran, Felon, from Tacoma WA. 27 years of age. oh yeah unemployable, cant forget to put that in.
 
But what if they never return? We need to get these propertys back out to people, that can use them.


ToU

5.4. Inactivated Account

You acknowledge and agree that Your Entropia Universe Account will be deemed Inactive if it has not been logged into for a period of three hundred (300) consecutive days.

You further acknowledge and agree that Your Entropia Universe Account will be Terminated if it is not used for a period of seven hundred and fifty (750) consecutive days (i.e., 450 days after Your Account has been deemed Inactive).

You hereby explicitly consent that after the period of 750 days of inactivity Your Entropia Universe Account is deemed to have been abandoned by You. You also agree to assign MindArk and/or MindArk's Partner all rights in Your Terminated Entropia Universe Account according to the procedures established in this paragraph 5. You hereby discharge MindArk, any of MindArk's Partners and their respective officers, directors and employees, from and against any and all claims, demands, liabilities, costs, and expenses to You arising out of, or relating to, Your Terminated Entropia Universe Account.


Definition of a Terminated account:

Terminated Account (or “Account Termination”) means that the Account is purged and that You will no longer be able to retrieve its contents or to re-activate it to access Entropia Universe. Purging the Account means that all skills will be deleted, any estate deeds will be transferred back to MindArk and/or MindArk's Partner and the virtual objects on the Account will be exchanged for their Trade Terminal (TT) value. The aggregated value will be added to the balance on the PED Card connected to Your Account for You to withdraw if exceeding the minimal withdrawal limit of 1 000 PED. Any pending transactions involving a Terminated Account will be revoked.



Don't blame the players for not being active or buying Real Estate as an investment. Blame MA/FPC for not making the Real Estate market more interesting during the 5,5 years since the first mansions got released.
I do think that the lack of developing older content by MA/FPC has made many investors from the past lose their interest in PE/EU/PC. There for they aren't active anymore and thus don't use their Real Estate.

But they DID pay their ped for their Real Estate, often even directly to MA/FPC. Taking away their possesions just because new players suffer from MA/FPCs lack of Real Estate developing/selling would be nothing more then THEFT.
 
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it's not theift if they sell it off and give the person the money from it. but also you are right, as far as EU Law. and if they were to change it and that person did not click on the TOU. then after x amount of time stated they will take it anyways.

I am not after getting property to be honest. i have no use for it at the present moment. I am interested in looking at problems and solutions, even if the solutions are seen in a negitive light. but i feel as if i am stepping on people's toes with my openions. I personally dont care. this is a game afterall. but seriously i am not going anywhere. i just wish i woulda found this game a long time ago. blame MA for that. or lack of players spreading the word. becouse back in the day i had money. now i dont. and i dont see that changing.

But i will stay here playing this game, and tossing out my openions. Perhaps one day i will build myself up and do something to change the way you veiw the game. who knows.

I mean come on, think of something. something you can present that isnt too far onesided, meet in the middle somewhere. People present a problem to you, you need to A: See if the problem is real. B: if it is think of a solution. C: If it is not Tell people how it is not a problem. then. D: they will give more supporting evidence it is. E: repeat until (B)
 
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The maintenance fee is NOT rent.

It's an access fee - to an item that was purchased outright.

A bit like the equipping fee on armor and clothing.

What you're suggesting is equivalent to having to pay a daily/monthly fee on any armor or clothing you are holding in storage - even when you're not using it just at the moment.

I said this in another thread on the same subject. If you have to pay someone for the ability to access something, it's called rent. There's absolutely no way around that. Call it whatever you want, but it's rent.
 
For something bought outright you dont pay rent just an access fee.

You can call it rent if u like but its just not true.

:argue:
 
A: See if the problem is real. B: if it is think of a solution. C: If it is not Tell people how it is not a problem. then. D: they will give more supporting evidence it is. E: repeat until (B)

A: I do agree the problem is real;
https://www.planetcalypsoforum.com/...iscussion/169815-investors-2.html#post2156010
B: One of the solutions I am thinking of is;
https://www.planetcalypsoforum.com/...171730-change-auction-system.html#post2184732
In order to create more activity around shopping/housing areas and give the Real Estate in PE more functionality.
C: Not applicable, the problem is there.
D: No more evidence needed.
E: MA/FPC has to take up this task. But definitely not by taking away unused Real Estate from players.


For all that really think taking away unused Real Estate from players is a solution to this matter, ask yourself this question:

MA/FPC still owns LOTS of Mansions/Shops/Booths/Appartments. They all belong to Marcus Callendar the Estatebroker.
Why don't they release this Real Estate in the auction so new players have a chance to buy this property?


I know the answers, do you?
 
MA/FPC still owns LOTS of Mansions/Shops/Booths/Appartments. They all belong to Marcus Callendar the Estatebroker.

You're wrong. They belong to players, who simply didn't claim them as their own so their name would show up (yet).
 
You're wrong. They belong to players, who simply didn't claim them as their own so their name would show up (yet).

In some cases that indeed is true, check my own fault on that:
https://www.planetcalypsoforum.com/forums/estates/171039-mindark-fpc-took-my-appartments.html

But...
Some while after the huge batch of appartments was released in auction in 2005, there still were more then 100 auction pages (x15 items) with appartments owned by Marcus. Meanwhile the Real Estate trade between players started. There wasn't much business with that though, since there still were lots of small, but also some medium appartments in auction sold by Marcus. With the fixed OB/BO of 250 ped for small and 350 ped for medium appartments.

So people that wanted to sell their appartment had to sell lower then those prices, which of course wasn't very attractive to set up some Real Estate market.
There for, from one day to the other, MA removed those appartments from auction. We are talking 1000+ appartments here, I am sure about that.

Regarding Mansions:
Take Raven Village where I own #1. Maybe 2 years ago or so there was only 1 Mansion left (#8) that still was owned by Marcus. Whether it wasn't claimed or still belonged to MA doesn't matter.
These days there are 3 or 4 Mansions owned by Marcus. When 1 player sells to another player, but the new owner doesn't claim, the Estate still shows as owned by the seller.
But in this case 2 or 3 more mansions in this village have gone to Marcus. To me this means that it were inactive accounts which did not log in for 750 days.

The Estate Deeds were returned to MA, but they don't release them on the market.

Regarding shopping booths:
The booths from Hadesheim have been moved to Cape Corynth after the Meteor. I don't know for sure how many booths there where before in hadesheim, but I really think there are quite some more in Cape Corynth nowadays. Owned by Marcus, not released on the market.
Anybody feel free to correct me on this one because I don't know for sure whether there are more In CC now then in Hades before VU10.


One more time:
The Real Estate problem isn't caused by inactive owners/investors. It's caused by the way MA/FPC has NOT sufficiently continued to develop the Real Estate system/content. An important contribution to players becoming inactive and also to investors holding on to their deeds instead of selling them.

MA/FPC has to handle this problem by improving the usability and need for Real Estate ingame, not by making new rules for ingame ownership.
 
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