Please educate me on how bidding for housing works.

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Imagine the worst possible scenario... ok, there is your answer. :P

I jest

I'm interested to know as well... but it seems like getting land in general will be hard because of all the fc's in one server. Especially in congested servers.

Everyone will be fighting for that one spot if bidding lasts for a long time

Nobody knows yet, as far as i'm aware.

Here's how it works:

Plots of land can be bought at a set price of NPC vendors. If nobody has bought a particular plot of land for an unknown span of time, the price beings to drop.

So, you can buy quickly and pay full price, or try and wait until the price drops but risk someone else taking the plot of land.

As far as I know, that's it.

Does anyone know if personal housing is coming in 2.1? My friend told me it's only fc housing..

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Originally Posted by LeafyVegetable

So essentially, there's no "auction" whatsoever?

Lol all the good land will be taken the second servers go live.

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Well no, not really. Remember, all the housing areas are all instanced, so if all the houses in one get taken up, it makes a new instance. If all the "good" housing spots in an instance get purchased before you can, you go to another instance of the housing area and buy what you want.

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Originally Posted by Lucipurr

Does anyone know if personal housing is coming in 2.1? My friend told me it's only fc housing..

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personal housing comes 6months after 2.1

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Originally Posted by LeafyVegetable

Does this mean we can prevent someone else from buying the plot we want by outbidding him, or is it a race to who can get to the npc first?

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From how I understand the system, having watched both the live letter and read up on the official translations, this is how I see it. The "auction" part of the "auction-like system" the answer is talking about is that the price comes down if nobody had purchased it after a time. The only way to keep someone from buying a piece of property is to buy it yourself.

The creation of new instances is going to be done in real-time at first instead of being automated so it is likely that if an instance approaches being full or sales slow due to the "good spots" being taken they will open more.

I haven't been able to fine any info either about how the purchases will be made....in saying that i hope we get our Castle!

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Originally Posted by LeafyVegetable

They said it was coming in 2.2, roughly 6 months after 2.1.

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That would go completely against their whole thing of "we want content to come at a more standard 2 1/2 - 3 months after we get 2.1 out of the way". They aren't going to hold 2.2 for 6 months after 2.1 comes out and again they said personal housing(if that's what it even is by that time) will not be till roughly 6 months after 2.1.

Also they talked about it some in the letter last month that plots will be sold at an auction, the houses themselves that you will put on said plots will have a set price for them. Meaning you could bid 100mil on a plot and potentially win it over another fc but even then you will have to pay the set price for the house itself. However the plots only have select sizes to them so if you buy a small plot you can't put a large/med house in it and same for the higher up plots, you cannot put the other size houses on them till 2.2 or later.

I think Yoshi said that prices will drop every 48 hours if noone buys a plot. I THINK it's 48 hours anyway. It's between a day and a week I know. Might have to check the old housing video.

I'd imagine something along the lines of...

Release: Plot of land available for 30,000,000 gil. Person can buy it out at that price.

6 hours later: Plot of land is reduced to 28,000,000 gil. Someone else can buy it out.

Basically it starts at a very high price and is reduced every few hours. The "bid" aspect is the fact that someone can buy out a piece of land at a higher price instead of waiting for it to drop. Kind of like a reverse auction.

Quote:

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Originally Posted by LeafyVegetable

So essentially, there's no "auction" whatsoever?

Lol all the good land will be taken the second servers go live.

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Nobody can buy land the second the servers go live, it will require a higher FC rank (the cap will go up).

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Originally Posted by Rjain

I'd imagine something along the lines of...

Release: Plot of land available for 30,000,000 gil. Person can buy it out at that price.

6 hours later: Plot of land is reduced to 28,000,000 gil. Someone else can buy it out.

Basically it starts at a very high price and is reduced every few hours. The "bid" aspect is the fact that someone can buy out a piece of land at a higher price instead of waiting for it to drop. Kind of like a reverse auction.

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Exactly this, as far as I'm aware, though I doubt the prices will be that high.