0 houses bought on leviathan

As of yesterday 0 houses/plots on Levithan have been bought. I checked all 5 wards in each housing district. This should be an indicator that something is amiss. Honestly why add the feature if no one can use it.

I understand there are only 5 wards in each city and if prices were too low not everyone could get one because they would all be sold, however, the same thing has happened because of the prices except no one has a house...which bring me to my first point.

Why implement a feature no one can use?

No one's bought on Balmung. But honestly, looking at the small plots, they are in no way worth 20 mil. The medium plot is what my guild is trying to save for. I mean, after they lower the prices to something reasonable anyway.

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Originally Posted by Pinworms

As of yesterday 0 houses/plots on Levithan have been bought. I checked all 5 wards in each housing district. This should be an indicator that something is amiss. Honestly why add the feature if no one can use it.

I understand there are only 5 wards in each city and if prices were too low not everyone could get one because they would all be sold, however, the same thing has happened because of the prices except no one has a house...which bring me to my first point.

Why implement a feature no one can use?

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No point in rushing to buy the lots till we are closer to approaching farming, chocobo raising and crafter stations.

Knowing how much the lots costs, these features maybe also expensive.

A smart investor would simply wait 90 days or til the prices fall low enough to where they feel it is reasonable to buy it. No point in dumping all your gil for something that has no features now and having no money to dump it on features when they do appear.

Don't get me wrong, I'd love one now but logically I know I can save myself quite a few digits if I'm just patient. The rate at which the houses depreciate is probably faster then what most people can make gil at. So when looking at that fact, its better to continue making gil and let the prices of the houses fall.

Patience pays off heavily here.

I'd be surprised if any sold on Legacy worlds. Some may have sold if there were some "world first" perks to go with these 5x and 10x prices, but there aren't even any buffs or content yet. But the real sales killer was Yoshi-P announcing that starting prices on NA legacy worlds would drop by more than half in a few months, and on JP legacy worlds by a whopping 80%. That's 12-500 million wasted for whoever buys before then.

Edit: Someone in another thread said 1 small one sold on Durandal (JP datacenter), fwiw. 40M-50M. Wow.

do i see a housing market boycott?

FCs have to earn rank 6 as well which may account for some of it.

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Originally Posted by Xystic

Knowing how much the lots costs, these features maybe also expensive.

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The big gil-sink is the land. I doubt features will be anywhere near the ridiculous levels as the actual plot itself

Quote:

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Originally Posted by Xystic

Don't get me wrong, I'd love one now but logically I know I can save myself quite a few digits if I'm just patient. The rate at which the houses depreciate is probably faster then what most people can make gil at. So when looking at that fact, its better to continue making gil and let the prices of the houses fall.

Patience pays off heavily here.

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Technically, these are FC housing. Individual player housing hasn't been implemented, and I think pricing was likely set where it was to prevent an entire FC buying out an area for every individual to have their own house.

I'm buying a FC house as soon as I can afford it (only 3m gil to go).
I'm under the impression that the reason Leviathan has no houses bought yet is because all of the really big rich guilds are saving up for the largest land plots, while the smaller FCs can't afford a small or medium house yet. A big rich FC could be the first to buy a house but I guess nobody's interested in a world first for this.

edit: There is a house on Leviathan now, appropriately owned by the FC Leviathan.

One FC bought a house tonight.

It was a medium house. They paid 90 million for the house and, according to the FC members I spoke with, the way they earned that money was by enacting a quota on Philo materials on their members. Their members had to turn in 8 Philo items a day twice a week, and 4 Philo items a day the other 5 days a week. They did this for a month and a half and, presumably, sold the HQ items they crafted from said Philo items.

Damn, I am glad I am NOT in that guild. That kind of grinding just to get an epeen+2?