I wanted to get a good discussion on economy, the good and bad, where we can improve it, etc.
At this time, we are looking for a realistic/controllable economy but still being able to have fun in the game.
Our current way of thinking with money & the economy
You should be able to play the game without having to constantly have issues with money.
You should respect that money has a significant value.
Fines should be set to a fair amount where it hurts financially but not kills you. (FYI, you have 7 real days to pay fines before warrants are issued).
Crime should pay, but not make you filthy rich in a few hits.
Crime should not be the main aim and source of getting rich, it should be hard work, very risky but rewarding.
Dirty money is the median for crime and controlling the economy, most crimes should pay dirty money to help balance the economy via time.
Dirty money should be an economy in itself, but significantly less value than non-dirty money.
Dirty money should allowed to be used in tendering for illegal goods, at a higher price (e.g. black market weapons).
Legal methods of gaining money should be an abundance and easily accessible, and the safer preferred method of obtaining money.
You should be focused on roleplay, and not grinding money (roleplaying your job is not considered grinding money).
You should gain money at a reasonable rate, have some living expenses/taxes to "bring money back into the system".
Money should be moved between player to player interactions, preferably over back into "the system". (e.g. shops, mechanics, etc).
Player to player shops & interactions can be set at any (reasonable) price, with non-player shops at a premium, to encourage player interactions.
As time goes on, the economy will grow with the players, more players means more money in the economy, meaning more ways to get money.
We still want it to be fun.
Why we're careful & the ripple effect
Playing with an economy is something that can cause significant issues later down the track and near future. We want money to have value and significance.
An example of the ripple effect:
Raising everyone's paychecks
Money becomes less valuable.
Everyone is able to buy everything.
There is no "working" for anything anymore since it will be owned.
Fines become less cared about since they can just be paid for.
Crime will significantly increase since repercussions are lowered.
Prices of items will need to be increased. (e.g. Bread will be $30 instead of $7 to help balance)
Unrealistic $ values will hurt immersion & realism.
Higher prices will seem unachievable to newer players.
Players are able to obtain higher performance vehicles
Results in higher crime as getaways are more easier.
Everyone is speeding around in high performance cars
Unrealistically, will hurt immersion & realism
A problem & the solutions
Seeing problems that occur relating to money, usually have a couple of fixes. An example of a problem is "houses are too expensive".
Considering the above, will create more problems than it will solve, we can ask ourselves a few questions and hope to find a few solutions:
Why are "houses too expensive"? Because the prices were not set from the default script.
What can we do to better this?
Fix the prices to be more realistic
Lower the prices
Provide options of finance: loans, rentals, etc.
All of these are solutions to the problem of "houses are too expensive", and doesn't require raising money elsewhere to fix the problem when the problem is only in one spot. This same scenario can be applied to vehicles & vehicle modifications.
If the above solution does not work, then we can look at other ways we can better, before putting a massive boost to the economy.
(And yes, we're aware the above scenario is current, and we're currently working on fixing it, hence a good example).
What to discuss below?
We're looking for people with the same mindset & opposing mindset for a healthy discussion about what we can do to better the economy.
What we're looking for:
Discussion about more jobs which can better the economy
Discussion about where NPCs could be involved to help better pays (e.g. taxi & mechanic have NPC jobs)
Discussion about more ways to introduce money into the economy (as opposed to just "increasing pay")
Jobs where the pay doesn't match what it should be (both too high pay or too low pay)
Items or properties where the price doesn't match what it should be
Additions & methods to help with realism & balance (e.g. loans)
Notes on where we can improve with pricing, real world examples are great
Things where you feel it's fairly priced, advantaged and we've done well
Things where you feel it's unfair or disadvantaged and haven't done well
Anything else you think is valuable to discuss regarding the economy (provided it isn't one of the bad things below)
What we're not looking for:
"Just increase the pay/money" [with no examples of why] (you obviously didn't read anything above)
Non-healthy & toxic like behaviour/arguments (if your post is edited or removed, you can assume this is the case)
"It's too hard to get money" - thank you, we know, hence, this topic.
Some useful information to know
Paychecks are set to what the average hourly wage is in California (some are modified slightly to better suit pay grades & ranks in game).
Some jobs require you to put money into them before getting paid (e.g. mechanic & taxi driver).
(As of 0.7.4) Paychecks are every 7 minutes which is 3.5 GTA hours, and you are paid for 3.5 hours of work, every 3.5 hours.
(As of 0.7.4) Properties were lowered significantly, including rent.
Legal weapons at Ammu-Nation are "legally" obtainable in America & prices set according to market value.
Illegal weapons at Black Market Dealers are "illegal" in America & prices set according to market value.
Property prices have not been properly reviewed, so good discussion here.
Vehicle prices have never been reviewed, so good discussion here.
A "mine" system is coming into play eventually, which will act like the weed manufacturing, but be a legal means of "farming" money.
Other illegal drugs will be coming into play, which will need manufacturing, etc.
Disclaimer & Before Replying To This Topic
We're open to discussion about this, we do have a "mindset" of what it is we want to achieve with the economy. Not everyone will agree with this mindset, but we're looking to create a carefully balanced economy and server, as opposed to most other servers where bread costs you $300.
We are looking for feedback on how to better flourish the economy, rather than make it easy and just "flood it with money".
Please ensure you have read everything above before replying.