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Like, with all the homes, taxes up, I couldn't get the economy to keep up with the maintenance costs that kept going up to keep all the needs up.
It ended up being a perpetual cycle of me trying to get money, spending money, and my incoming dwindling to make more money.
About taxing, if you set the tax on euphoric your inhabitants will pay the lowest amount of gold. If you set the tax on happy your cash will grow but your inhabitants cannot upgrade. However, any upgrading inhabitants who are one rank below the 'happy taxed' class can upgrade themselves to the higher class.
If you're really desperate for money you can always take a loan (without interest) and you pay with honourpoints
Settle an island closest to a neutral harbour with hemp growing there, build several plantations and weavers there and have a trade route that does nothing but sell linen to the neutral party. This should help you in the beginning. But try to sell as many goods as possible from your islands as it will give you more gold.
Later on, consider settling on small islands for the sole purpose of selling stuff there, don't forget to refill them constantly (or use trade routes once you have enough ships).
I personally am mostly somewhere -1.000 to -5.000 and still making a surplus by selling tons of stuff. I even settle islands with no other purpose as to produce stuff to sell, linen in the nord, carpets and later on perls in the south.
Anyhow, I heard/seen norias to be quite costly. Isn't the initial cost of setting up desert trading routes, as well as getting all the boats, et cetera, et cetera, going to over-throw the income from trading for a long time?
Just make sure you get it all sold.
Also, the ai cheats heavily.
Well, thank you, again!
-Build mutliple peasant towns for easy + tax income
-sell the extra resources you have
-time ago when i have this game from a torrent (now i have original here from steam) i saw a wiki checking google where say how many population can get enough resources from each building.
for example if i don't remember bad each fisherman give enough fish for 50 or 100 peasants.
After you have your standerd buildings like lumberjack and fishermanshut,start building houses first, get a tax income around 150~200, and then build some new stuff till it drops down to around 40. keep repeating this process to prevent your taxes to drop. Also, when you dont have the goods to fullfill the needs of your citezens, put their taxes on the yellow bar, cz they wont move out, and the taxes of the peasents on euphoric so they will advance to citezens and pay more taxes. Remember to put the taxes on euphoric/happy once in a while, so the citezens can move in. This will sometimes drop your taxes in the minus, but after waiting for a while till the houses are full (you can also speed the game ofcourse) you will recieve + taxes and when you put the taxes back in the yellow, you will get a lot of income again.
Also, make a lot of settlements that sell linen garments and other stuff. this wont require any houses, just some goods, and with a lot of ships, you will be able to get a ♥♥♥♥ ton of gold
Also, you might want to try to build your plants and stuff as far away as possible from the beginning, and reserving a lot of space for houses, churches and taverns.
Another thing to note, is that it takes time for houses to fill up. Don't forget to wait for houses to fill up, building a house doesnt mean your tax income will get higher instantly.
I hope it helps and the best of luck.