Personally Id love a booth... but prices for most remain extremely high IMO.... With my belief that prices are to drop in time I dont want to buy at par because I believe prices to drop soon... and if I buy at par... I believe in future Ill be screwed while the seller/owner will be happy since he got what he needed/wanted... leaving me with the risk....
Prices for booths are not all that high... 5k is very cheap compared to the price of shops, especially mall shops!
If you got 10k, since you are a friend, I might let you rent my booth for free, or very cheaply with the 10k as collateral... if there's a fee it'd be small (how about 12 ped a month, just so I can cover my shop's rent and get whatever profits I end up with as profits instead of having to lose 12 ped automatically to the landlord)! I'll just cycle the 10k peds on auction at tt+0 bids til you are ready to hand the deed back over to me. This would free up some peds for me and give you a chance to see what you could do with the place. If it worked out, I might start buying up more deeds in the area to make Omegaton the suburban shop heaven it was meant to be... slowly acquire all deeds and rent them out like the mall shop owners should have done but did not (well, all except Emerald Lake's owner - who is horading the top floor for some silly reason, and not even renting them out)
Its a double ended sword... I understand both sides... What needs to happen is MA needs to open up more frozen estates that they hold.... this might fuck over current owners... since it could cause price to drop... but... at the same time itll help MA out with possible people who will pay their rents or then again maybe more prospectors will come in.... Either way... I think prices are due to drop.... problem is no one enjoys selling at a loss... and if their is no rush to sell and no fees to pay to keep the estate then they can sit on it FOREVER until price goes up... thats what I hate....
There really are tons of estates MA never released... don't believe me come take a look at Beta and Alpha buildings in Omegaton. I'd honestly love it if prices wen down since I could buy up more real estate cheaply. I suspect Rocktropia and other planets will cause lower prices due to supply/demand... but only for a while. Then prices will come back up since the number of deeds in the entire virtual universe is still limited in quantity...
I think MA/FPC should remove the monthly fee (or reduce it by like 90%) to encourage people to use them. More decorations and furniture would be crafted and bought.
I completely agree with you on that. What I think they should do is move away from a pay x amount per month deal and move towards a pay some %... make the payment to MA sort of like an extra "federal" tax on top of the local LA tax that already exists for all shop sales... This would work well for all places except maybe the apartments since they don't automatically have shopkeepers... for those, MA should put shopkeepers in the Trade Terminal with a zero ped value and make it so that you cannot TT the new versions of the Shopkeepers... That way you can repair them, and pay MA in the form of decay instead of in the form of rent fees.
I would like to see small basic estates for all users, for free!
Example, something like a small box, underground.
That's called storage, and it already exists... there's 500 on Calypso, 500 on each astroid, and 500 on other planets I think... there's literally tons of item slots you get free, far more then there used to be.
Thanks LeWolf for understanding my point.
Sure there are some apartments for sale. But the price those apartments are being sold for is based on an inflated value.
I'm not going to pay +400 PEDs for a 1 room apartment when thousands of them have been abandoned for 4+ years.
Here is a challenge - if you have an apartment that you're not using and you want to sell it - list it for TT+250 PEDs with no buyout and let the free market decide the price
Of course he understands your point since he's in the same boat you are in. You are both looking for a cheap place because you both potential buyers. 400 peds is cheap... when they first came out they were 300 peds or so I think.
As mentioned above with my booth, if you want to, talk to me, and I might "rent" you my apartment deed if it does not sell on the auction in the next couple of days... Just pay me about 2k ped collateral... I'll simply cycle the peds on auctions with +0 start bids, and pay you the collateral back later if you want the peds back. You win since you get an apartment. I win since I get more peds to cycle in auction. We both win since we can trade back later.
We also both win since we can stay in contact. I think the biggest mistake original estate owners made was selling their places instead of just renting them out, even though the game does not really let you rent stuff out since all trades are final - but with trust, anything is possible. I love having more than one estate in the same building. It makes it possible to do a lot more than just having multiple estates scattered all over the continent. The original owners of the LAs should have taken that in to account and used it, but did not so now god knows who owns what, especially since the estate terminals lie up until the time that a place is claimed.