Legacy housing price reductions started

NOC_NA just posted the information Dec 26.

There is now new group lettering for these legacy-only reductions. "Group A" is the "World group 3" of the 5 groups of the patch notes, and is the target that legacy world prices would be reduced to. "Group B" is the less expensive legacy tier (NA data center), and "Group C" is the more expensive legacy tier (JP data center).

They don't say when the first adjustment will happen. It hasn't happened yet (lowest small is still ~19M on Group B). I hope it will be in a day or so, but I expect it will happen by early January at the latest.

Price reductions for Group B (my calculations of starting prices for lowest-priced S/M/L):
Originally: 20M/75M/250M
First reduction: 18M/68M/225M
After a week: 16M/60M/200M
After six weeks: 8M/30M/100M

For Group C (my calculations of starting prices for lowest-priced S/M/L):
Originally: 40M/150M/500M
First reduction: 36M/135M/450M
After a week: 32M/120M/400M
After eight weeks: 8M/30M/100M

If January 1 is the first reduction, then Group B pricing could hit target around mid-February, and Group C by end of February.

Some good news on the housing front. At least this might make things more feasible down the line.

If it goes through, the price is sure as hell better then what we have now.

This is still so confusing to me. It's impossible to decipher what is intended by this.

It is still unclear to me whether the final prices of legacy servers will match server group A's STARTING or ENDING values. Can anyone answer this concretely without guessing or surmising?

It's also unclear to me how they will be implementing adjustments. Will they be changing the RATE OF DEVALUATION on legacy servers so that our houses devalue faster or at more than 0.14% per devaluation? Or are the actual values of the houses themselves being lowered at certain increments and the rate of devaluation being left alone?

When will the legacy server groups reach their final values relative to when the non-legacy server groups reach their final values?

Please help us and provide us clear and distinct information on this.

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Originally Posted by Fatestorm

This is still so confusing to me. It's impossible to decipher what is intended by this.

It is still unclear to me whether the final prices of legacy servers will match server group A's STARTING or ENDING values. Can anyone answer this concretely without guessing or surmising?

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He saying that they may not be adjusted to be exactly the same as group A's starting and ending values. They will be adjusted but may or may not be adjusted to match group A's prices.

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Originally Posted by Fatestorm

This is still so confusing to me. It's impossible to decipher what is intended by this.

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Yes, it is confusing, and I may not have gotten it right (though I only multiplied starting prices by the factors they gave). Also, even SE admits not knowing actual future pricing for any world (legacy or new). The last paragraph says as much.

As for your other question (which price will match?), SE only gives one price (per size/class/world), the starting price. The slow reductions to half over 90 days are calculated from that starting price. So maybe a better question is: Will these price changes reset the "age" of the house listings so they're back to full price?

Even if SE does reset so each price change to zero days old, pricing will still be less than before. But will legacy worlds see a small/class 5 plot for sale at 8M gil at the final price change, while Group A's unsold ones have fallen to 4.7M? Or will all groups A, B and C have the same current for sale price for the same size/class plots?

Well, if it doesn't match the ending values, I don't know how that will work. Some of the small houses are already either at 18 mil or close on Group B. So if they just reduce them to 18mil, that really isn't a reduction (speaking of the first reduction, I mean).

way too slow

The materia and melding system already raped the wallets of most players with gil to blow on legacy servers. Game devs are bastardizing and exercising extreme prejudice against the players that paid for this game while it was a festering pile of dung and continued to play it through it's 1.0 to 1.2 changes. The most loyal customers have the LEAST access to the game's content. /clap well done. Welcome to a virtual representation and perhaps explication for Japan's ever failing economy, an absolute lack of common sense at all levels of infrastructure.

The best part will be when the gold farmers own all the land, because they farmed said land legitimately and purchased it with gil not sold to players and then sell the land plots at higher rates of return. In no way would this violate the ToS, insofar as the the farmers stick to real players and markets to get their gil, rather than bots.

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Originally Posted by Fatestorm

It is still unclear to me whether the final prices of legacy servers will match server group A's STARTING or ENDING values. Can anyone answer this concretely without guessing or surmising?

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The info from the Dev was very clear on this

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Over the course of eight weeks, the final price of land for Group C will continue to drop until it has reached the same value as Group A.

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That would mean the end price, not the starting price.

Whatever group A becomes all servers will be at some point in the future. If group A decreases, so will every other server. That is the baseline price they are moving toward, but at a much slower pace than they really should.

This is just PATHETIC - they're simply pulling our legs by further delays, clouding the issue, keeping the disparity between the servers and tellings us to suck it up! Nothing else but playing the stall game ... Drop and even prices NOW or take that crap out until you sort out your servers.

If it's any comfort to you guys on legacy servers, our plots on our servers are empty as well. I think it's silly that we have to pool all our money to buy one person (the guild leader) a fancy house while we don't even have personal housing yet and don't even know how much that will be. The devs made us believe that FC housing was going to be affordable. So my faith in them saying personal housing will be affordable as well is suspect at best.

i think it's easy, the price reduction will set the price for new plots. So new plots would start that price and start the devaluation timer from there. The current wards are anyways descending to that price. By around that dates the current plots will cost that reduced price.

Hmm... In the year-end Letter from the Producer, Yoshi-P talks of adjusting "floor pricing" or "lower limit" pricing. It made me wonder how these changes will be made and how fast we'll see pricing drop. Regardless, SE said legacy world adjustments will be weekly and overall adjustments will be bi-weekly, so I'm still hopeful we could see actual reductions before mid-January.

SE followed up the notice linked in the OP with dates (and seemingly higher reductions). Thursday January 2 was the first adjustment. Looking at current prices, the good news is that SE isn't resetting pricing. It's as if they changed the initial price of the house, and the current prices show the normal decrease over time from the initial posting.

So in other words, the price of the least expensive small house on Balmung ("Group B") changed from 20M to 16M, and the price now, 18 days after it was put up for sale, is the decreased amount of 14.4M. Likewise, the 75M medium changed to 60M (current price 54M), and the 250M large to 200M (current price 180M).

Pricing for "Group C" (JP data center legacy worlds) should have changed by even greater amounts. The 40M small should have a current price of 29M, the 150M a current price of 108M, and the 500M large a current price 360M.

The next price drop is scheduled for late Thursday January 9 (around 7pm PST). Judging by the above, Group B current pricing for least expensives should then be 12M/46M/152M, and Group C least expensives should be 24M/91M/305M.

And of course, as SE said, there will be continued price reductions over the next ~2 months to match pricing of "Group A". Anything left unsold at that point should be priced at around 4M/15M/50M for lowest priced S/M/L plot. ... but I doubt many will be left unsold at those prices.

Just keeping this thread updated with what I posted in another thread yesterday (and confirmed today).

Based on the latest schedule for Legacy world price reductions (here):

Fri Jan 17 prices for NA legacy worlds:
• Legacy prices drop 14%.
• New prices: 10M, 37M and 124M for least expensive S/M/L.
• JP data center worlds will be double those prices

Fri Jan 24 prices:
• Legacy prices drop 17%.
• New prices: 5.9M, 29.5M and 98.4M for least expensive S/M/L.
• JP data center worlds will still be double those prices

The Jan 24 price of the small legacy plot includes the 25% reduction scheduled for Jan 20 announced by SE here.

Just a graphical depiction of what's happened/announced so far with small plot size prices.

http://imagizer.imageshack.us/v2/800...0/842/alwt.png

Red is Legacy (Group B / NA data center), blue is most expensive new worlds tier (Group A). The dotted line (should be everything after late January) is because SE may reduce prices further, across all worlds.

2 million gil is decent for a small house for very small FCs.

There is no way that small house is worth more than 1 Mill and that's exactly what is should cost from the very begining instead of this stupid charade with price "re-evaluation" and "decreases". Simply PATHETIC! Medium 4 Mill and Large 10 Mill - and that's maximum somehow "acceptable" prices and should still fall with every 6 hour decrease so in theory possibility of reaching 500 k / 2 Mill / 5 Mill in 3 months. THATS realistic pricing. Anything else is just smoked-up stall tactics.

Honestly I don't know how FC's on Hyperion are making Gil other than treasure hunts. Immediately after we bought our house our server's economy crashed further. On average we pulled in 1mil median per day. I don't know how that is possible on our server now. I haven't looked at a market board in a while. But it is possible.