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Yup - about $17,000
That's about the change in the value of my land between two days ago and yesterday.
But of course, this isn't totally surprising, and I too went into this with eyes open - and realized that LL could at any time make changes that would have a big impact on my investment.
I'll be honest, though - this is just another disappointing bit of news for me - even though overall I think it is good for SL and really good for people that want to get their own islands and didn't have the startup cost - a 40% drop in price makes it much more attainable.
But I reflect back on the last year.
Tier increases of 50% (just as I was getting into the estate market)
Gambling ban (I ran a poker room when the policy changed)
VAT (europeans are still leaving SL in droves and it made the land biz more difficult for sure)
WSE stuff (WTF? no need to say more)
Scammers (Montana Ryder, Kejo Merlin, SkyRanger Hammerer, others - i lost millions of Lindens to these ppl)
Island price change (lost $17k USD in a day)
Texture thieves (I have never put out the line of skins that i developed - which took hundreds of hours - what's the point - if they are any good - they will be available for 50L on the next corner within a week)
And through all this, I have never taken a dime out of SL for myself - I wanted to grow something, build something neat.
I am a pretty positive person usually. But geeeeeze.
Ok - I realize it isn't all about me - lol. sometimes you are the pigeon, but most of the time you are the statue. I guess I am feeling just a little shat upon today...
dd