So Guess What I Found Today. .

In this crippling economy where there is literally NO profit from highend crafting or gathering; I found. . a Vortex Feather from Garuda extreme! Now lets take a quick second to analyze this rare primal drop. I check the market for a price check and it seems these bad boys are going for 1.5mill. well my excitement was all but shortlived when I seen there were over a dozen of these all selling for the same price. None are selling because nobody is making furniture. .because nobody has 100,000,000 gil to spend on a house. WHICH means the pretty feather will continue to drop in price or not sell at all.
Thanks to this terrible economy, and this joke of an update meant to keep us playing even 1 day past reset :)

ADS Plating goes for 4k here. What would you expect? xD

I sold the Fine Wax from Hak Manor for 10k, seriously undercutting everyone so that people buy it for future use rather than it not selling and the price eventually becoming 260g.

Someone is just going to resell that, sadly

I'm not sure, because it really is that bad. I mean those items are infinitely obtainable, how high in price would you see them soar if right now they aren't selling at 10k? You can only do coil once a week and Turn 1 drop is 4-10k at best ( Plus no one's buying! The market is very saturated with these) what would happen to normal dungeon loots?+

What are you going to do with the money if it DOES sell for 1.5 Milion?

Unless there's something I've missed, your options are;

Help your FC buy a house.

Buy gear for your alts to skip the darklight process.

Money doesn't matter in this game.

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Originally Posted by Hyururi

Someone is just going to resell that, sadly

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Mine is the only one sold, no one is buying them (currently) so putting it up to 40k doesn't mean it's going to sell (and as more appear prices will drop sharply). That's my theory anyhow.

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Originally Posted by Eissels

What are you going to do with the money if it DOES sell for 1.5 Milion?

Unless there's something I've missed, your options are;

Help your FC buy a house.

Buy gear for your alts to skip the darklight process.

Money doesn't matter in this game.

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Do anything with that 1.5m they just got off a market board sale? Yeah...if their account doesn't get investigated and swept clean for "suspected RMT activity" first. Screw lowering the housing prices, it's not going to matter when honest players have to fear for their accounts being locked and swept because they happened to cross some internal income threshold for the week or whatever crock of horse-hockey SE has come up with to prosecute their RMT witchunt. I havn't sold a thing on the markets for 2 months and it's going to stay that way until there is a drastic change in policy.

Well i made the couch and is currently selling it for 4 million gil

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Originally Posted by LastFantasy

Well i made the couch and is currently selling it for 4 million gil

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Have you actually sold a couch for that much or have you just put it up for sale at 4 mil? Because there's a big difference between the two.

Something is only worth what someone is actually willing to pay for it.

If you want it to sell you should put it up for a reasonable price. Don't just look at what other people put theirs up for. If no one is buying that means that either there's no market for it or the price s outrageously high.

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Originally Posted by Reiterpallasch

Luckily even the most expensive small house doesn't even cost half that.

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Really?

Small First Class Spot: 50,000,000

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Originally Posted by Ashgarth

Really?

Small First Class Spot: 50,000,000

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Why do you care about getting a '1st Class Plot' over a '5th Class Plot' right off the bat? Face it: FC Housing was implemented to rip gil from the wallets of the rich. Personal Housing (coming in 2.3) will have so much more use and be cheaper. That's already been confirmed by SE.

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Originally Posted by Johnist

Why do you care about getting a '1st Class Plot' over a '5th Class Plot' right off the bat? Face it: FC Housing was implemented to rip gil from the wallets of the rich. Personal Housing (coming in 2.3) will have so much more use and be cheaper. That's already been confirmed by SE.

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B-B-But cheaper could mean by 1 gil! That's what the anally ravaged would say so I thought I'd beat them to it.

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Originally Posted by LastFantasy

In this crippling economy where there is literally NO profit from highend crafting or gathering; I found. . a Vortex Feather from Garuda extreme! Now lets take a quick second to analyze this rare primal drop. I check the market for a price check and it seems these bad boys are going for 1.5mill. well my excitement was all but shortlived when I seen there were over a dozen of these all selling for the same price. None are selling because nobody is making furniture. .because nobody has 100,000,000 gil to spend on a house. WHICH means the pretty feather will continue to drop in price or not sell at all.
Thanks to this terrible economy, and this joke of an update meant to keep us playing even 1 day past reset :)

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Just because people list it that much doesn't make the item worth that much.

your supposed to look at the transaction list not the "what's up for sale" list to find prices.

Like chinchilla hides have a bunch up for like 300k a piece but when you look at transaction history they're all selling for like 8-9k and those are just people that think big apparently.
even something truly valuable like bluebird, the ones up are like 2M but the transaction history they're like 600-800k

darksteel ingot 250K down to 80k in less then a weeks time on my server.
how hard is it to undercut one gil?? not under cut 10k-20k each time you sell something.

unless they make crafted gear better or equal to drops the economy will stay garbage. get rid of gear drops and make bosses drop a mat you can only get from there so a crafter can make a piece of gear for you. DL gear from the NPC should make you buy the parts for tomestones. crafted gear can also give back since you can turn it to materia.

SE failed hard at removing gil now people are hoarding it. there even less money in circulation then ever before bank money dont count.

people buy the lowest price reasonable price means crap to the lowest price.

I don't mind the housing prices being so hard to attain.. but what I do mind is how disgustingly embarrassingly small the small 'GUILD' houses are for the money!!! I mean WTF.. The Inn-room is about the same size! I've visited like 6 small guild houses now and they are all crammed with crap and it looks nasty cause they're so small. These is supposed to house a guild!?!? Who in the world thought it would be a good idea to have a GUILD HOUSE the size of an inn-room on the inside (possibly smaller)??

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Originally Posted by Johnist

Why do you care about getting a '1st Class Plot' over a '5th Class Plot' right off the bat? Face it: FC Housing was implemented to rip gil from the wallets of the rich. Personal Housing (coming in 2.3) will have so much more use and be cheaper. That's already been confirmed by SE.

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they also said fc housing would be affordable for an 4-5 man fc with a few lvl 50s :3

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Originally Posted by Scarletyoshi

If no one is buying that means that either there's no market for it or the price s outrageously high.

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That's the theme for this whole patch.

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Originally Posted by Johnist

Why do you care about getting a '1st Class Plot' over a '5th Class Plot' right off the bat? Face it: FC Housing was implemented to rip gil from the wallets of the rich. Personal Housing (coming in 2.3) will have so much more use and be cheaper. That's already been confirmed by SE.

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Square has confirmed the pricing of personal housing as "cheaper and more useful" about as much they 'confirmed' the guild-hall pricing as being around the amount that handful of players would save on their way to 50.

We all saw how that panned out when the content was actually released, yes?

Well the good old saying has been said already, something is only worth the price someone is willing to pay for it? Maybe 2 million gil is outrageous?

How do you think I felt after farming the horn, feather and heart from the HM primals. They are almost completely worthless now after patch. I sure as heck am not gonna waste my time farming the EX's for the newer drops.

Until the game has personal housing there will be no profit in furniture making. Any FC with the funds to buy a plot almost certainly has enough crafters in their ranks to manage to make everything at material cost.

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Originally Posted by Axidrain

they also said fc housing would be affordable for an 4-5 man fc with a few lvl 50s :3

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They said that during BETA when they had no idea the state of the Economy. Plans change. And yes, if 4-5 Level 50s pool 90 days of hard work together they should be able to buy a house. You don't NEED a House. It's Vanity Content. I personally will continue to donate to my FC meanwhile also saving up so that in 2.3 I can purchase my own personal house in the Personal Housing Areas.

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Originally Posted by Eissels

What are you going to do with the money if it DOES sell for 1.5 Milion?

Unless there's something I've missed, your options are;

Help your FC buy a house.

Buy gear for your alts to skip the darklight process.

Money doesn't matter in this game.

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Bolded for truth and justice. I'm on Balmung, my FC isn't affording a house for a very very long time, I have 1 million gil. I stopped crafting, what's the point? To make money to have money? There is nothing to buy with the gil I am making.

It's not like it was in 11, farming for my Scorpion harness as my Ninja got close to 57, farming for my hauby as my war got close to 59. Camping/farming for my ebow as my ranger. There are no elite items that the player base can purchase/farm to make gil actually worth having. I am not saying I want ffxi but at least there were items that were expensive, best in slot, and gave you an incentive to make gil to get them.

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Originally Posted by LastFantasy

I check the market for a price check and it seems these bad boys are going for 1.5mill. well my excitement was all but shortlived when I seen there were over a dozen of these all selling for the same price. None are selling because nobody is making furniture. .because nobody has 100,000,000 gil to spend on a house.

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You check the market price and it was 1.5 million but you saw tons of them at 1.5 mllion not selling. That means, that isn't the market price for them. The market price is going to be what the demand and supply for it is at. So if people are steadily buying them at 1.5 million, then that is the market price. If people aren't buying them at 1.5 million anymore and they are piling on the market board, then that is not the current market price for them anymore.

Your saying its a terrible economy but you are having a hard time understanding how markets themselves work....hmph...

This is why the 1.0 armor/materia system was better. You could make generally cheap crafted material extremely powerful if you were willing to put the money in for melds. My blm was outdamaging stardust rods (back when they were cool) with quad melded gear and a lightning brand, but i easily put 25mil into getting the gear.. This way crafting was worth it (because breaking items failing meld meant more crafted armor were being sold), spirit bonding was pretty profitable, materia sold like crazy,and making large amounts of gil had a purpose.

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Originally Posted by Johnist

They said that during BETA when they had no idea the state of the Economy. Plans change. And yes, if 4-5 Level 50s pool 90 days of hard work together they should be able to buy a house. You don't NEED a House. It's Vanity Content. I personally will continue to donate to my FC meanwhile also saving up so that in 2.3 I can purchase my own personal house in the Personal Housing Areas.

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Unless personal housing has benefits, I don't plan to buy personal housing at all. Especially if guild houses will possibly have personal rooms.

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Originally Posted by Johnist

Why do you care about getting a '1st Class Plot' over a '5th Class Plot' right off the bat? Face it: FC Housing was implemented to rip gil from the wallets of the rich. Personal Housing (coming in 2.3) will have so much more use and be cheaper. That's already been confirmed by SE.

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She said that a first class small house didnt cost even half of what the OP said (100m).
I just showed her that it does.