FC land plots are affordable. Do your math.

I was pretty accurate on the speculation that prices would vary on the server population because alot of the gil thats currently circulating comes from players hitting 1-50. It would be illogical to put houses at a ridiculous price when there wasn't even enough gil on the server but this fact can be ignored because of one reason. The dutch auction style of the land plots. Even if the plots were ridiculously priced, the auction of the land drops every couple or so hours if I'm not mistaken.

We also know for a fact that more land plots will be available once the current ones sell out.

If looked at it logically, not many FC's will have houses on the day of but you can expect the FC land plots to drop to buyable rates eventually. You may have to wait a few days but at the same time you and your FC now have a specific number they could farm decreasing the wait time as well.

You may argue that rich people will just buy out the land continously never allowing land plots to drop in value. We know for a fact that a majority of the gil circulating is still from 1-50 for new servers and we also know gil generation is actually not that great in this game. When people buy FC land plots, that gil is gone for good. It does not come back in to the market. Meaning gil continues to disappear, meaning people will have less and less gil to buy land plots, meaning land plots will drop fairly low before selling. So the argument about rich people continously buying land plots is invalid based on this fact, once people buy houses, less gil is available in the market meaning houses will drop in value because gil becomes scarce.

Also if you spent the time to do the depreciation of the land plots you will realize that land plots can plummet in value quickly. In just 4-5 days you could easily buy the large land plots.

So before you join this bandwagon of sillyness, do the math and look at the logic of the design. A 14% depreciation value is pretty high for every 6 hours.

For example a 62,500,000 gil large land plot on smaller servers will drop to 6.5 million in roughly 90 hours, thats about 4 days.

In summary:

We know for a fact more land plots will become available as they are sold out

We know for a fact that as more people buy land plots, gil becomes scarce, driving the land plots even further down

We know for a fact that a 14% depreciation every 6 hours can make land plots buyable in 4-6 days.

So consider these facts before you rant that SE's game design is flawed.

you are so wrong it is not even worth talking about.... discount is only UP to 50%

Your numbers are horribly, horribly wrong.

Typos in release notes. It's 0.14% not 14%.

The Devaluation Timer
The price of a plot of land is set to be reduced 14% every six hours.

Example:
Small
- Starting Price: 8,000,000 gil
- 10 Days Later: 7,552,000 gil
- 15 Days Later: 7,328,000 gil
- 30 Days Later: 6,656,000 gil
- 90 Days Later: 3,698,000 gil
* The price will reduce a maximum of 360 times in 90 days and will will fall to half its starting price.
* From patch 2.2 onward, a free company will automatically relinquish its land if its estate is unused for a prolonged period of time.

Price drops by 0.14% every 6 hours, the 14% is a type.

It will only drop to 50% of its max price, which it will reach in 90 days so long as no land is purchased in that time.

apologies sir.

Quote:

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Originally Posted by Xystic

For example a 62,500,000 gil large land plot on smaller servers will drop to 6.5 million in roughly 90 hours, thats about 4 days.

In summary:

We know for a fact more land plots will become available as they are sold out

We know for a fact that as more people buy land plots, gil becomes scarce, driving the land plots even further down

We know for a fact that a 14% depreciation every 6 hours can make land plots buyable in 4-6 days.

So consider these facts before you rant that SE's game design is flawed.

---

Wrong wrong wrong wrong wrong. It says, in the patch notes, that houses will never drop below 50% of their starting value. The %age is a typo and it should be .14% every 6 hours.

Meaning that 62,500,000 gil large plot on smaller servers will be 31,250,000 at around the time 2.2 comes out, and never go any lower than that.

Quote:

---

Originally Posted by Xystic

* The price will reduce a maximum of 360 times in 90 days and will will fall to half its starting price.

You can't make it drop 360 times in 90 days and be at half ~ Either one or the other is an error.

Also it specfically says 14% on the patch notes.

The price of a plot of land is set to be reduced 14% every six hours.

This is copy and pasted.

---

Reverse engineer the numbers: .5/360 = .00138, oddly close to .14%

way to not even read the patch notes genius, it's not 14%, it's 0.14%

Example:
Small
- Starting Price: 8,000,000 gil
- 10 Days Later: 7,552,000 gil
- 15 Days Later: 7,328,000 gil
- 30 Days Later: 6,656,000 gil
- 90 Days Later: 3,698,000 gil
* The price will reduce a maximum of 360 times in 90 days and will will fall to half its starting price.

so no, it wont go from 65m to 6.5m in 90 days or even 4 days

I like the part in your title when you say Do your math. TY for the giggles & happy holidays~!

* The price will reduce a maximum of 360 times in 90 days and will will fall to half its starting price.

You can't make it drop 360 times in 90 days and be at half ~ Either one or the other is an error.

Also it specfically says 14% on the patch notes.

The price of a plot of land is set to be reduced 14% every six hours.

This is copy and pasted.

Quote:

---

Originally Posted by Xystic

So consider these facts before you rant that SE's game design is flawed.

---

Give us some facts then.:rolleyes:

First the 14% is a typo in the English version, the JP notes have the correct depreciation of 0.14%.

Second even after depreciation the value of a plot can only be reduced 360 times over the course of 90 days to roughly half the original value.

Can't fault you on the first point since it has yet to be officially fixed in the notes but the second one is clearly written out in bright red text and with an example even.

Quote:

---

Originally Posted by Xystic

* The price will reduce a maximum of 360 times in 90 days and will will fall to half its starting price.

You can't make it drop 360 times in 90 days and be at half ~ Either one or the other is an error.

---

yes you can. Also the value for the 90 days is wrong.

Formula: OriginalPrice-(OriginalPrice*0.0014*days*reductionsPerday)

8000000-(8000000*0.0014*10*4)=7552000
8000000-(8000000*0.0014*15*4)=7328000
8000000-(8000000*0.0014*30*4)=6656000
8000000-(8000000*0.0014*90*4)=3968000

Rep reply: http://forum.square-enix.com/ffxiv/t...00#post1659000

Thread title tells people to do their math. Thread content fails a feat of fifth grade math. Thanks TC, I needed a laugh today.

Quote:

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Originally Posted by Vahlnir

Give us some facts then.:rolleyes:

---

Fact: Most people freak out for little reason before the fact.

Thanks for the insults but this was based off the english version of the patch notes. There is clearly a large typo and I have confirmed it with SE as well. 0.14% is the depreciation value, meaning it would take much much longer to buy land plot.

The math done with the typo is correct.

So now the issue arises, with gil becoming scarcer, it will now take considerably longer for those who have less gil to buy land plots. Hmph, I guess I will have to unleash all my gil in this investment.

Quote:

---

Originally Posted by AmandaHuggenkiss

Fact: Most people freak out for little reason before the fact.

---

There we go, there's one fact.

In simplest terms:

An 8,000,000gil house will drop by 11,200gil every 6 real life hours. It's a solid 11,200gil drop each time (0.14%). To a maximum of 360 price drops. And even when the price does get low; other players may buy all of the low-end housing available before you can even afford one. Then you have to start all over in the new housing zones they release which will start at 8,000,000gil again.

Also, the math done with the typo is incorrect. The value of the house after 90 days should be 3,968,000gil (not 3,698,000). And even that is incorrect as the maximum it should drop to is 4,000,000gil. The 10 day and 30 day values are fine though.

*Is suddenly reminded of his Economic Analysis classes*

Seems like at some point, the Devs were trying to use your typical Double Declining Balance concept before finally deciding on the Straight Line Depreciation concept. Either way, the point is that the pricing remains excessive.

Quote:

---

Originally Posted by AmandaHuggenkiss

Fact: Most people freak out for little reason before the fact.

---

This issue, however, is not one of those times. 20 million for a patch of land in the slums is hardly insignificant, especially considering that such properties were likely intended for smaller FC's, who in reality aren't able to come up with that kind of gil. Even 3 months later you are talking about 10 million, which is absurd, especially considering that on non-legacy servers the same parcel goes for 4 mil after that amount of time. Not everyone on Legacy servers are multimillionaires, despite the hyperbolic dismissals of a handful of idiots.

http://i.imgur.com/fuVbaIb.png

Oh look.
No.

i would have my PLD use cover on u. but you're just too far away into the deep end OP XD

Quote:

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Originally Posted by Axidrain

i would have my PLD use cover on u. but you're just too far away into the deep end OP XD

---

Did you forget? Cover is being increased from 6 yalms to 10 yalms! Wait.. nope. Still too deep. And I believe the damage is AoE anyways.

Quote:

---

Originally Posted by Galactimus

Did you forget? Cover is being increased from 6 yalms to 10 yalms! Wait.. nope. Still too deep. And I believe the damage is AoE anyways.

---

serves them right for standing in front of the second caduceus.


@OP: no, just no.

Don't worry guys - my fc will buy a land plot, not take care of the lawn and leave our old broken down magi armor all over..... open up a shed and sell Coke and Pot and have dragoon lap dancers. we will drive down the property value quickly :D

more trashy stuff to come! :p

Quote:

---

Originally Posted by Xystic

long post

---

1) On the cheaper server groups I contend that it's possible, but I don't think SE's count of how much gil is on the legacy worlds is accurate. 620mil on the most expensive group, that almost made me faint.

Quote:

---

We know for a fact that a 14% depreciation every 6 hours can make land plots buyable in 4-6 days.

---

it's .14 %, that was a typo. Otherwise the prices would be at 50% in a couple days, not 90 days.

Quote:

---

Originally Posted by Alhanelem

1) On the cheaper server groups I contend that it's possible, but I don't think SE's count of how much gil is on the legacy worlds is accurate.

---

I'm not so sure about that.
I know of a bunch of people on a few of the Legacy servers who currently have over 500 million (legitimately earned through the markets) in their personal banks.

If you know "a bunch" of people, then you must know all of them, because I don't know any. That still doesn't make these costs reasonable, because after few people/companies that can actually afford it torch billions of gil, the amount of gil on the legacy servers will significantly decrease yet the prices won't be changed.

Now, does anyone know if the price dropping to around half after 90 days was a cap? or if it keeps decreasing past that point until its sold?

I like u. You know u r so wrong yet still sticking to it. Op ftw.

You know what's going to happen is the richest of the rich legacy players are going to pool all their gil together and buy the most expensive house, then come to the forums and use that as an excuse about how everyone else in the world was wrong.

Im so tired to see post like this OP. of course on YOUR server the prices is acceptable...just take a look to other server and i hope that the price for housing will get higher on your server. the same as Excalibur.

Man this thread is like a train wreck...I want to look away, but I can't ....

sorry OP logic has no place on the interwebz~ but fwiw i agree whole-heartedly. people need to settle down, its not that big of a deal that they wont all get shinie's on day one lol

Cannot unsee...

Maths are hard. Derp.


...So is proofreading, SE.

Quote:

---

Originally Posted by Hoodcat

Don't worry guys - my fc will buy a land plot, not take care of the lawn and leave our old broken down magi armor all over..... open up a shed and sell Coke and Pot and have dragoon lap dancers.

---

No DRG lap dancer for party, camp house site with 30m, but is it for 20m like 30m when you no hit be it for gil, for 30m instead? or half is 10m for 20m dmg?