About: First Land   Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

First Land was a program Governor Linden introduced to help new residents acquire land at reasonable prices. Under this program Residents who had never purchased land could purchase 1 512 square meter parcel for 512 L$. Most residents realized that 512 square meter parcels were very limiting and savvy residents developed a number of methods to circumvent the one time restriction, including creating ALTS who would buy adjoining First Land parcels and then sell them to the primary AV for zero dollars resulting in 1024 or larger plots.

AttributesValues
rdfs:label
  • First Land
rdfs:comment
  • First Land was a program Governor Linden introduced to help new residents acquire land at reasonable prices. Under this program Residents who had never purchased land could purchase 1 512 square meter parcel for 512 L$. Most residents realized that 512 square meter parcels were very limiting and savvy residents developed a number of methods to circumvent the one time restriction, including creating ALTS who would buy adjoining First Land parcels and then sell them to the primary AV for zero dollars resulting in 1024 or larger plots.
dcterms:subject
abstract
  • First Land was a program Governor Linden introduced to help new residents acquire land at reasonable prices. Under this program Residents who had never purchased land could purchase 1 512 square meter parcel for 512 L$. Most residents realized that 512 square meter parcels were very limiting and savvy residents developed a number of methods to circumvent the one time restriction, including creating ALTS who would buy adjoining First Land parcels and then sell them to the primary AV for zero dollars resulting in 1024 or larger plots. An additional result of first land was residents creating ALTS, buying first land and reselling it to land brokers. Finally, a limited group of land brokers developed professional systems to acquire First Land for their real estate systems. The sum total of these machinations was a system, while well thought of, was rampant with abuse to the point of becoming counter-productive. On Tuesday, February 20th, 2007 The Governor announced an immediate discontinuation of the First Land program.
Alternative Linked Data Views: ODE     Raw Data in: CXML | CSV | RDF ( N-Triples N3/Turtle JSON XML ) | OData ( Atom JSON ) | Microdata ( JSON HTML) | JSON-LD    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3217, on Linux (x86_64-pc-linux-gnu), Standard Edition
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2012 OpenLink Software