Crowns are the better to buy a House... Unless you're rich. Well done ZOS?

notimetocare · January 2017

Easy fix: 3.5m gold house on Crown store = 35k crowns (1k crowns: 100k gold)

Reykice · January 2017

mb10 wrote: »

Ive been thinking about the value of coins and they're actually going to increase due to the potentilly billions disappearing due to purchases of houses. Unlike the real world economy, you can't sell you're house and get your money back (or more) on ESO. So are crowns the way to go?

Lets say a 1m or 350k coin house is 10k crowns, its easier to get 10k crowns time wise than it is to make 350k or 1m on ESO. The "free" update isn't free at all.

I have the money to buy some houses up front but I doubt I will now. Getting decoration is a whole different grind and you're going to rely on buying certain the mats and instructions for each decoration from other players.
The gold I have, Id rather put towards decoration tbh and Im glad Ive watched a few PTS videos to find that out from now as oppose to spending most my coins on a empty house.

Over to you ZOS, the power you have at the moment is remarkable and I actually kinda admire how you've managed to increase demand of your product so high as a business. Also, offering an alternative to buy houses (coins) knowing that crowns is the much better way to buy your house, you've fooled people into thinking they have the freedom of choice which they technically do, but the coins choice in the not so long run is incredibly poor.

Mix that with the evident addictiveness of the game and the results of crown crates/dro m'Artha mount etc to support that, you are now able to pretty much charge however many crowns you want knowing people will stay pay.

My prediction: Houses will be ridiculously priced on the crown store, people will rage all over the forums, most people will still pay anyway (as usual).

P.S - If you're one of the people with millions and millions, this doesnt apply to you. You hold a degree of power against ZOS and are truly able to make up your own choice as well as having the ability to buying houses and decoration with just in game gold.
Unfortunately, I'm not of you guys lol
I dont have the option to buy mats, armour, tempers etc through the crown store but I do have the option to buy a house from there. Therefore, I personally would rather spend my ingame gold on something that I am unable to use real money for as I dont have the 10s of millions to have both options.

Your thoughts? How will you buy your house if you even do?

They made the prices like this on purpose. Not to mention the furniture making.

Their new design is to make stuff so hard to get in-game that people just use crowns. That way they can claim you can get it in-game knowing full well most will not be able to.

Win for them.

KochDerDamonen · January 2017

If you're real life money is easier to separate you from than an obtainable amount of in-game currency, then okay?

4 million gold, for the MOST IMPRESSIVE, LARGEST homes in the game can quite comfortably be picked up by a cp160+ character doing guild and other sorts of dailies regularly over the course of a couple of months. That is very lax for how they could have made it, crown store or no.

Imagine if housing weren't instanced and that mansion was getting bidded on for tends or hundreds of millions of gold.

Alex_Lex · January 2017

ZOS is keeping up the policy to leave the crown prices low if it stimulates playing more.
Housing would stimulate a lot. That's why I hope it won't cost lots of crowns.

bryanhaas · January 2017

mb10 wrote: »

anitajoneb17_ESO wrote: »

Bryanonymous wrote: »

Keep an eye on this poll I made and see how much trouble the average player has making gold. Currently, the poll suggest a majority can make more than a million gold in 30 days.

https://forums.elderscrollsonline.com/en/discussion/313253/hypothetically-how-much-gold-could-you-personally-make-in-a-30-day-period

A MAJORITY.

If people are making gold from NPCs it will remain the same, but for those who trade with other players, things might change. Currently there's not much to do with gold and w"rich" people (like me) benefit from the fact that impatient people do not look too close at prices because gold isn't very useful anyway. Now that gold will become (very) useful due to housing, making money with basic stuff like alchemy and motifs might be tighter. The entire economy will change I think.

@anitajoneb17_ESO

@bryanhaas poll states the majority of players could make a million in 30 days and they've probably interpreted it as if thats all they did for 30 days.

30 days of trying to make gold on ESO or paying for crowns straight up? I know the houses will not cost a a salary of 30 days lol
So as part of the majority, I would personally rather spend crowns on the house than ingame gold. Will take an hour or few to make IRL money equal to the crowns but 30 damn days to make 1 mil lol no thanks

1 mil can be made in a week a least on console. I am at 1.7 atm trying to get that 3.8 by housing launch.

But I get your point, I am still going to spend gold on it though I get gold fairly easy so it's almost like why not. Plus I think it will be more fun decking it out on my own.

Knootewoot · January 2017

I only have around 50k. I will settle with the free quest house and take my residence there. Furniture I hope to craft myself, and since I like it simple I am happy with just plain wooden chairs and tables. None of the fancy stuff.

My ultimate goal is the Ravenhurst home since I really liked that one on PTS. I don't need anything bigger or more.

I wish one housing option was just a small tent and a campfire which you could place wherever you wanted.

EvilCroc · January 2017

I just do not want to decorate houses by myself. I would like to place several furniture items, or replace something, but not decorating a whole new house from scratch. If crown store will be only way to get already furnished house - so be it.

Norbi · January 2017

-Wrong topic- XD

Whoops.

Solid_Metal · January 2017

still will buy the house with gold, even tho i dont have much of money

"Crowns are the better to buy a House... Unless you're rich" its depend on your priorities, me , i dont really care if i have all gold equipment, gold weapon only and the rest is purple is enough for me, and i have no means to spent the additional money, why not on housing ?

making gold also extremely easy, and also you have given lot of option in term of price and size, just choose base on your budget, and ultimately its just cosmetic and to spent your time, make personalization ingame

" Mate, i want get the manor easily mate, dur dur dur" , this type of person that i see complaining about the house prices, even tho theres tons of other houses that affordable and size big enough to hold your personal need

you have no idea how many people can gather 1mil a month, and this type of housing is for them who spend the time to search for all of those gold, as a gold sink, and "achievement" as you may say

wanna bigger houses?, get to work, get money, like how IRL work, not patient?, then spent your IRL money, and complaining how ZoS is trapping consumer

while i'm saying this, to be fair, i dont know yet how the funish gonna work in term of crafted funiture or buyable furniture (non crown), hopefully the basic stuff to fill up the house can be crafted

JD2013 · January 2017

Gold is pretty easy to make in game.

Steal and launder. Repeat.

I'll have enough by time Homestead comes to buy the house in Elenhir that I want and not break into my first million. I don't need a grand manor, just a lovely walled Colovian Style house will do me nicely. And maybe the lovely little Nord house outside Nimalten a bit later on. There's no trickery at work here. If you want something, take the time to earn it.

Enslaved · January 2017

OP, you should understand that 10k crowns are not of same value in each country. Ppl who work for 3 euros per hour tend not to buy as much crowns as ppl who work for 30 euros per hour.

Also, even by just farming materials and selling things you got from mob fights to regular in game merchants will give you around 5k gold per hour.

Also, housing will not be there as "limited offer from 15.02.2017. till 19.02.2017."
There will be plenty of time for anyone to buy every single house, if he/she/it wants that.

If you ask me, best way to earn gold is to run chests either in Bankorai for spriggan or to hunt for spinner. These sets with divines/impenetrable can be sold for 10k+ per piece, and sharpened weapons are 200k+ for swords and daggers. If you grind for these for a week, you will get at least 500k gold, as I did when i was hunting for spriggan.

theher0not · January 2017

Unless the mannors cost 5k or less I am going to use gold (and I know it will cost way more). I have no use for gold anyways except bag upgrades.

Bryanonymous · January 2017

theher0not wrote: »

Unless the mannors cost 5k or less I am going to use gold (and I know it will cost way more). I have no use for gold anyways except bag upgrades.

The bold letters is pretty much the point of why housing is not too expensive. There is so much gold gained by players, that there needs to be high priced rewards to spend on or else it is just a virtual currency with nothing to buy. That's what a lot of these 'poor' players do not understand. If housing was so cheap that the majority could buy them all, they would not be an effective gold sink and the currency would continue to lose importance. All they see is a semi castle with a title and want to demand that it be handed to them, but is it something they need? Of course it's not. In the grand scheme of the economic system, having extremely expensive things is good for the economy because it makes the currency more important.

pattyLtd · January 2017

I won't buy a manor.

I have 2.4M gold and could use that to make sure i have enough when the house update goes live but i don't want to at this point and i also don't want to go completely broke for this. So at this point i'm looking at a large house at best.

Who knows if they add enough extra value for me to really want one i might change my mind and if the CS prices are reasonable it might be an option to get it from there too. It's always good to have options right?

If you have enough disposable income and prefer to go the CS route theres nothing wrong with that.
Each their own and all that

Malmai · January 2017

Will not buy house its useless, no storage nothing... GG Zenimax

AlnilamE · January 2017

mb10 wrote: »

anitajoneb17_ESO wrote: »

mb10 wrote: »

One fact is, its definitely easier to attain crowns that it is to attain large amounts of in game gold.
If you've seen any PTS gameplay, you'll see the grind thats incoming regarding your own decoration.

Really ? Does money grow on trees in your area ? Because I think gold is extremely easy to make in ESO. Also, there's a lot more to buy with RL money than with gold in ESO, so my decisions as to what to do with my RL money usually go to something outside the game.

But it's fine if you're comfortable with spending RL money on the game. After all, that's how ZOS lives and how the game exists. I restrict myself to ESO+ and 1 pack of crowns whenever they're on sale.

And yes I've seen the grind on PTS ! But I like that part of the game (gathering / crafting / trading) so that sounds a lot of fun to me. I'm glad there's a bunch of new activities and stuff to do with all those things we collect on our way. That's a complete renewal of the game to me and I'm totally hyped about it.

@anitajoneb17_ESO

Sorry but lets take the dro m'Artha motif thats probably going to be 5k crowns (Not worth it I know)

Buying the motif in game atm can cost anything over 500k depending on your luck with guild sellers.

If its easier to make 500k from scratch in ESO than it is to make $20 then you must be unemployed. It can take 2-3 hours on minimum wage to make that but it definitely doesnt take 2-3 hours to make 500k.

Ill stick to paying for my house with crowns and use my in game gold to buy decoration

I don't think I bought a single page of the Dro'Mathra motif. I just got pages and traded with guildies when we ran nMoL in our Trials Training. I'll probably complete the Celestial motif in the same way. 'Then I'll start focusing on the others.

I have never thought of buying a motif from the Crown Store. To me, that's paying not to play the game.

I intend to buy my houses with gold, even though I have about 10k crowns sitting on my account from my ESO+ sub. I'm not looking at buying the manors the first week or whatever. I'm going to look for houses that suit my characters and buy those and furnish them as time goes by. This is the long game. It's not about finishing everything asap.

I'm going to take my time and enjoy the road and when all my characters have a place to call their own that's decorated, I'll look for something else to do.

Soafee · January 2017

If you pay $15/month you get 1500 crowns free. You could save up that way while saving up gold.

They want people to be like "Omg house! I have to have it right this second!" they need it, and many will support them and pay money but those of us that can walk out of a casino after winning money will be the ones that earn it the hard way if you know what I mean

AhPook_Is_Here · January 2017

notimetocare wrote: »

Easy fix: 3.5m gold house on Crown store = 35k crowns (1k crowns: 100k gold)

1000k gold is valued at about $105. $105 of crowns is about 14k crowns. Each 1k crown has an approximate market value of 71k gold. Perception of risk in off market gold transactions likely discounts that perceived value by some product of a fractional value. If the dollar value of gold is higher than the value of crowns an arbitrage play exists.

cellobuddy · January 2017

PriorityBalle · January 2017

I think you give ZoS too much credit there buddy, I honestly dont think ZoS has fooled anyone into believing that they have the freedom of choice since its obvious they made the Mansion gold price on 3.800.000 gold just so that roleplayers will buy them for crowns x)

Anyway loving the Homestead DLC and cait wait for Vvardenll also, hoping that ZoS will add the Great House Telvanni with this DLC and along with it one of the Great Mushroom towers as a mansion to buy like we've previously seen them in the legendary Elder scrolls saga

)

tunepunk · January 2017

Why do you think houses will add any value to the game at all? For me I'm not even interested in the next update. Why the hell do I need a house? It's a complete vanity item, which is the wrong way to go...

I would much rather they spent more time to create new PLAYABLE content, than vanity items and Crates, etc. I'd rather have them spend more time on gameplay.

More Quests, Dungeons, areas.... not silly vanity items. Not interested, at all... even if I had one Million ingame gold, a house doesn't make gameplay more fun... at all..

So far, Orsinium was the best DLC/new content by far... the rest... bleehhh...

polar · January 2017

There does not need to be parity in crown vs gold value for the houses. Of course Zenimax will want to encourage using crowns over gold by making sure that the crown price of a house (in real cash) is less than buying the same amount of gold from gold sellers. Zen makes money off of crowns. That money keeps them in their jobs, keeps the company profitable, and keeps our content coming (thank you ZOS!). You cannot pay real world employees or support development on in-game gold.

So, the in-game gold price is pretty darn reasonable for the houses that are available. I hope the crown price will be comparably reasonable, especially since that is the first purchase and there will be much, much more to spend on furnishings. The larger the house, the more furnishings to buy.

For me, it is all about crowns. I find that these days, I have have less time to play (and farm/make gold) and just a bit more extra money to spend on such things. If the cost is reasonable, I will save myself the time and just pay crowns for a nice house- and I am excited to do it. 10-15K crowns sounds about right for a nice house. For others, they have more time on their hands and can make the gold, I am happy they also have a way to get a nice house (not counting the island and cave).

I am very excited about the update...assuming balance changes work out ok in the end.

tonemd · January 2017

NewBlacksmurf wrote: »

Bryanonymous wrote: »

Keep an eye on this poll I made and see how much trouble the average player has making gold. Currently, the poll suggest a majority can make more than a million gold in 30 days.

https://forums.elderscrollsonline.com/en/discussion/313253/hypothetically-how-much-gold-could-you-personally-make-in-a-30-day-period

A MAJORITY.

I promise that poll is full of inflated egos.

Just saying that cause of so things would cost a lot more on traders

Maybe. But 1 mill in 30 days is doable IF not everyone is trying to make 1 mill in 30 days.

So hopefully the average player will just keep playing the game as usual, getting set ideas from streamers, buying RP pieces because they look cool and refusing to farm mats because its boring.

mb10 · January 2017

@polar Exactly my point. Agreed but several people here cant seem to understand using crowns to save you time

mb10 · January 2017

cellobuddy wrote: »

@cellobuddy

That graph is inaccurate as supply is unlimited on ESO, therefore the supply line wouldn't be sloped like that

Meaning only the demand line moves which is probably based on price elasticity of demand - the responsiveness of demand to changes in price.

With the example of crown crates and certain mounts like the dro m'Artha its very evident that demand isnt that responsive to increases in price by ZOS

cellobuddy · January 2017

They're willing to supply more(bigger house, more stuff inside) for a higher price. I think the supply curve still applies. It's a representation of how willing they are to provide the content at that price/number of crowns. As an example, they would be extremely unwilling to release an elk mount for 1k crowns, but would be very willing to release it for 50k crowns. Meanwhile, the player base would be very willing to buy a unique elk mount for 1k crowns, but almost no one would be willing to pay 50k crowns for it. They weighed all of this and decided on their final price somewhere in the middle(Pretty much estimated to maximize the number of crowns spent). Meanwhile, if you look at DLCs, the prices have adjusted as the players' demand for that content has decreased(once again, they made an educated guess to maximize the number of crowns they can get back for people buying older DLC). Basic economics still applies.

Long story short: they shoot for the sweet spot that will net them the most total crowns.

Disclaimer: This explanation is a simplification of the thought that goes into pricing and should be regarded as such.

anitajoneb17_ESO · January 2017

mb10 wrote: »

@polar Exactly my point. Agreed but several people here cant seem to understand using crowns to save you time

We do. It's you who don't seem to understand that some people don't want to "save playing time" because it's actually fun time to them.

svartorn · January 2017

Making millions of gold in game isn't hard.

Prof_Bawbag · January 2017

Lukums1 wrote: »

Here's the sad truth.

Anyone thinking that "The Manor will be 5k crowns or under" is kidding themselves.
They release stupid mounts for 5k crowns... what is making people think that a 3.8MILLION Manor will be 5k crowns LOL.

My guess 10,000 crowns.

The other SAD truth is the materials and the COST behind furniture and obtaining things through master writs is going to be some kind of sick, sick joke.

So what you get 1million gold for the "decent house" I BET you'll have to spend at LEAST another 1million + making it some what "cool".

But hey let's be real... I'm on the other side of the fence... pulling out the bank card and buying the house pre-furnished... with crowns... Then buying all the housing crown crates that come... because... I'm a moron.

I think you mentioned something very valid, the update may be FREE but the content within is going to be considered a VERY painful grind and A HUGE time investment to be really enjoyed to the max potential.

Unfortunately... I'm going to have to start node farming my ASS OFF just to be able to somewhat enjoy the new content.

This is true going to be the biggest GOLD sink in history.

Luke

The house is content, not cosmetics. Also, has anything ever been priced more expensive than the 5500cr package? I think the clue is in that. If they did suddenly decide to render their maximum package useless, then they'd have to sell crowns in 11k or even 10k bundles. There's been nothing mentioned about this, so I suspect we're looking at 5500 tops.

In-game gold has zero cash value regardless of what the idiots will pay for it on scamming sites, whereas the crowns do have cash value. For example, I can buy a crown card and sell that card and code on. I can't do that with in-game gold without breaking both Ebays T&C's, ZoS' T&C and so on.

DaveMoeDee · January 2017

Crowns may be the way to go if you are a loyal subber and have nothing to spend them on. Otherwise, I am not spending real world money to gain items in a virtual world that my character can work towards.