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For years, people have complained about the high cost of land in Second Life. And it is expensive, at least compared to most other things you can buy in SL. However, for various economic reasons, it seemed unlikely that LL would ever cut tier fees significantly.
The highest fees are paid by the owners of private estate regions…$ 295 USD per month for a full performance region. But it used to be less. Way back in time, estate owners paid the same monthly price as the owners of mainland regions, $ 195 USD per month. These regions became very valuable when estate land fees went up to the $ 295/mo. level, because the rate was “grandfathered”.
But that only helped the original owner. If they sold a grandfathered region, the new owner would have to pay the current $ 295/mo. fees.
A few months ago, that changed. For an additional up-front purchase fee of $ 600, an existing grandfathered region could be sold to a new owner and retain its lower $ 195 per month tier level. See: http://acrossthegridwithlindal.blogspot.com/2015/11/flash-major-savings-and-minor-update.html
Now, for a limited time, LL is offering to sell NEW private regions at the $ 195 per month tier level. A similar savings is offered for Homestead regions. To lock in the lower tier, you must pay an additional $ 600 one time “buy down” fee up front. This is a GREAT deal for anyone who plans to hold their land for more than 6 months, which is the break-even point.
Only time will tell, but this could help reverse the slow, steady decline in the number of private estate regions on the grid. I’m cautiously optimistic!
For the official word on this remarkable offer, see: https://community.secondlife.com/t5/Featured-News/Want-Lower-Tier-Now-You-Can-Get-Grandfathered-Land-Rates/ba-p/3019148
Previously posted by at Across The Grid With Lindal Kidd!. Visit http://acrossthegridwithlindal.blogspot.com/2016/04/ll-offers-lower-tier.html for original post.