Get half back from selling base?

Started by Xero, July 18, 2015, 17:44

Xero

Maybe this was suggested and denied for some reason but it would be very helpful for founders that bought a base and want to upgrade to a new one but would lose all the money they put into their current base.

It would be nice to have at least half that money come back to the club for it to go towards a new base if it likes. This is similar to everything else you sell in CT, why not have it for bases?

sardarji



Emily

It was rejected because if people sell when there are a few days left, they'd technically be profiting.
[dobby]

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sardarji

Quote from: Emily on July 18, 2015, 23:13
It was rejected because if people sell when there are a few days left, they'd technically be profiting.
How?


Emily

Quote from: sardarji on July 18, 2015, 23:21
Quote from: Emily on July 18, 2015, 23:13
It was rejected because if people sell when there are a few days left, they'd technically be profiting.
How?
They'd get to use the base then, when there is one day left, they could sell it and get money back.
[dobby]

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Xero

Quote from: Emily on July 18, 2015, 23:28
They'd get to use the base then, when there is one day left, they could sell it and get money back.

I don't follow. You buy the base for 20m, then use it for a month, sell it 1 day before rent due, get 10m back and you profit from it how? No one person gets the money, the money goes back to the club funds not the founder. In fact now your out 10m.

Emily

Quote from: Xero on July 18, 2015, 23:50
Quote from: Emily on July 18, 2015, 23:28
They'd get to use the base then, when there is one day left, they could sell it and get money back.

I don't follow. You buy the base for 20m, then use it for a month, sell it 1 day before rent due, get 10m back and you profit from it how? No one person gets the money, the money goes back to the club funds not the founder. In fact now your out 10m.
It makes no sense to be able to sell the base before it expires and only lose 10m instead of the 20m you paid for the month. If I had a subscription to a monthly fee thing irl (phone, internet services, etc.), I wouldn't be able to cancel and get part of my initial deposit back when the monthly bill is about to arrive.
[dobby]

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sardarji

Quote from: Emily on July 19, 2015, 00:45
Quote from: Xero on July 18, 2015, 23:50
Quote from: Emily on July 18, 2015, 23:28
They'd get to use the base then, when there is one day left, they could sell it and get money back.

I don't follow. You buy the base for 20m, then use it for a month, sell it 1 day before rent due, get 10m back and you profit from it how? No one person gets the money, the money goes back to the club funds not the founder. In fact now your out 10m.
It makes no sense to be able to sell the base before it expires and only lose 10m instead of the 20m you paid for the month. If I had a subscription to a monthly fee thing irl (phone, internet services, etc.), I wouldn't be able to cancel and get part of my initial deposit back when the monthly bill is about to arrive.
You buy a base for 20 mil and then you have to pay 2 mil monthly. If i want to sell the base what's wrong in that? I bought the base in the first place.


Dobby

Quote from: Emily on July 18, 2015, 23:13
It was rejected because if people sell when there are a few days left, they'd technically be profiting.

Source?
Quote from: mick88 on May 24, 2015, 21:39
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Emily

Quote from: Dobby on July 19, 2015, 21:55
Quote from: Emily on July 18, 2015, 23:13
It was rejected because if people sell when there are a few days left, they'd technically be profiting.

Source?
Guessing.
[dobby]

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TheSandman

Being half, you would profit yes.
What if you make it a percentage of the 30 days left you get refunded.?
25/8/11 - 4/10/15: 1502 days of continuous staff duty C:-)

Hobo

Quote from: TheSandman on July 20, 2015, 05:47
Being half, you would profit yes.
What if you make it a percentage of the 30 days left you get refunded.?
>Club funds at $22m
>Pay $20m for base which includes 30 days rent (valued at $2m)
>Funds at $2m
>Sell base for half, get $10m back
>Funds at $12m

I see a loss of $10m.
If you had that base for 5 months (5*$2m = $10m (+$20m for initial purchase)), you'd have a loss of $20m if you sold it for $10m.

Bases are money pits. I agree with the suggestion.


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TheSandman

If you buy 30 days for 20m, then at the 29th day you sell it, and you get 10m back, you just got a base for 29/30 days, for half the price of 30 days. essentially a profit.
i think this is the way emily is seeing it.
25/8/11 - 4/10/15: 1502 days of continuous staff duty C:-)

sardarji

Quote from: TheSandman on July 20, 2015, 10:43
If you buy 30 days for 20m, then at the 29th day you sell it, and you get 10m back, you just got a base for 29/30 days, for half the price of 30 days. essentially a profit.
i think this is the way emily is seeing it.
Still not exactly a "profit".


Sjomp

Quote from: sardarji on July 20, 2015, 12:21
Quote from: TheSandman on July 20, 2015, 10:43
If you buy 30 days for 20m, then at the 29th day you sell it, and you get 10m back, you just got a base for 29/30 days, for half the price of 30 days. essentially a profit.
i think this is the way emily is seeing it.
Still not exactly a "profit".

If everyone gets half the money back it isn't a profit for anyone right?
And you can't make it depend on how much days that are left because you pay just 10% every month.

I like the suggestion +1 there are a lot of bases forsale so why not.

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