Second Life Land Grab - Bay City

I finally decided to get a little piece of my own land in Second Life. I was searching around trying to find a good plot for some simple builds and a group I'm helping. I was watching auctions and searching around and noticed the new community of Bay City being auctioned off. People were paying more for 1024 meter ($190,000L = $700US) plots than they were paying for a whole island. I'm not sure that these people are completely sane, but the land they were buying was nice. It had a lot of open space and roads between plots so land was not sandwiched in between four different neighbors.

Try visiting that area now, it is mostly baren with most of those 1024M plots up for resale for around $280,000L=$1000US. Crazy.

I passed on Bay City then noticed that the Lindens are starting to build roads through some of the older sims. I found a spot that had the acquired land for roads next to it, but no road built yet. I bought a small 512M plot next to that. I paid about $11L/Sq meter. Land value is basically around $7L/Sq Meter unless it has some geography. Since it was going to be next to a road I figured it was worth a little more and it fit my needs. I don't like all the subdividing that is going on along the roads. People selling tiny plots next to the roads for pure advertising. I found one that does not have a lot of that going on.