Is it a right strategy ?

[giuseppe.civitella]

I've a huge dubt about it.
I started a new game after last upgrade and I followed some advice that I read here and I set economy like this:

house rent 0.05
land tax 0.10
wealth tax 2.50 (to make a poor a people)
wealth tax threshold 20.00
market product price 100%
basic monthly wage 0.20
manager wage 0.30
laborers wage 0.20
purchase from citizen price 10%

Many families have less 20.00 wealth but despite this setting, I've a lot of people that "no looking for job" and now I've a farm, carpentry, market stalls and granary inactive because no workers.
Moreover, I've four vacant house and no new settlers incoming from long time.

Some more advices ?

[kiska87]

I can't tell which is the perfectly balanced setting, but I'd like to share my setup that works fine for me:

house rent: 2.20
land tax: 0.20
wealth tax: 5.00
wealth tax threshold: 30.00
market product price: 20%
purchase from citizen price: 20%

basic monthly wage: 2.00
manager wage: 3.00
laborers wage: 1.00

All my households have around ~ 30 coins and I never have to give them financial help.
Also, I don't have problems with people, who don't want to work because of their wealth.

But I would like to add that I don't have a tavern and barber surgeries yet.

[juliejayne]

Originally posted by giuseppe.civitella:

I've a huge dubt about it.
I started a new game after last upgrade and I followed some advice that I read here and I set economy like this:

house rent 0.05
land tax 0.10
wealth tax 2.50 (to make a poor a people)
wealth tax threshold 20.00
market product price 100%
basic monthly wage 0.20
manager wage 0.30
laborers wage 0.20
purchase from citizen price 10%

Many families have less 20.00 wealth but despite this setting, I've a lot of people that "no looking for job" and now I've a farm, carpentry, market stalls and granary inactive because no workers.
Moreover, I've four vacant house and no new settlers incoming from long time.

Some more advices ?

One does have to play around with these settings. But if people are not looking for work, then I think that you have to increase their costs, i.e. rents. At the same time if you have no new settlers, then that suggests that you need to increase wages.

It has to be a balance now. Like in the real world if you want people to work you have to make it worth their while.

[jhughes]

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[Bjørn]

Originally posted by kiska87:

I can't tell which is the perfectly balanced setting, but I'd like to share my setup that works fine for me:

house rent: 2.20
land tax: 0.20
wealth tax: 5.00
wealth tax threshold: 30.00
market product price: 20%
purchase from citizen price: 20%

basic monthly wage: 2.00
manager wage: 3.00
laborers wage: 1.00

All my households have around ~ 30 coins and I never have to give them financial help.
Also, I don't have problems with people, who don't want to work because of their wealth.

But I would like to add that I don't have a tavern and barber surgeries yet.

I notice many of you are buying from citizens at very low prices. I haven't dared go lower than 50%. Did you mean 120% for market product price, or do you sell and buy at 20%? I use 110% for selling.

I also use 30% wealth threshold and 4-5% wealth tax rate, but both salaries are back up to 2.50. No problems with people not working. House rent and land tax is about the same, 0.35 on average (i keep adjusting still).

People who already have work still keep working if they get 'rich', so it's only if we fire rich people we'll have problems hiring them for other jobs, so it's more important to keep a more stable workforce now, thus more people.

I suspect some, especially newer players, also forget to build enough houses to get enough people, as well as benches, wells and religious buildings everywhere, so people will be quicker done with their 'daily' free time activities. If they can't find a free bench close by their house they walk a long way to find the next free one, for example. Same with the chapels and wells, and maybe other things I've forgotten. Cart parkings! Lots of those to get goods moved quickly by free laborers.

But this thread wasn't about that, though. Just thought I'd mention it

[kiska87]

Originally posted by Bjørn:

I notice many of you are buying from citizens at very low prices. I haven't dared go lower than 50%. Did you mean 120% for market product price, or do you sell and buy at 20%? I use 110% for selling.

Yes, it's 20% each.

The reason why I buy at only 20%, it's because I buy up all their overproduces, so they can make a lot of money. I would have to compensate this by raising land tax and maybe also housing rent to prevent them from becoming too rich. But that would make things more complicated.

As for the selling price, it's at 20% because I want to relieve families with children, which have usually more expenses with only about 2 working people (hence high rent + low prices for food and clothing).

[MostBlunted]

Can someone explain me what the "wealth threshold" means? I don´t really understand the tax system, a little example would be much appreciated.

[Claybot]

Originally posted by MostBlunted:

Can someone explain me what the "wealth threshold" means? I don´t really understand the tax system, a little example would be much appreciated.

Over the threshold limit they get an added wealth tax. Under the threshold normal taxes.

[MostBlunted]

Thanks.

Alright, and threshold 30.00 means if they have more than 30 gold?

[Claybot]

Originally posted by MostBlunted:

Thanks.

Alright, and threshold 30.00 means if they have more than 30 gold?

Yes

Mine is set at 50.

[LifelessSquash]

Originally posted by MostBlunted:

Thanks.

Alright, and threshold 30.00 means if they have more than 30 gold?

Yep

[jhughes]

Originally posted by Claybot:

Originally posted by MostBlunted:

Thanks.

Alright, and threshold 30.00 means if they have more than 30 gold?

Yes

Mine is set at 50.

I also think the rate is the same as salary and not a percentage. So if you set the rate at 5.00 .. it would be the same as a 5.00 daily salary. I set the value to 2 times my salary rate, so that if two people work, they break even at the wealth tax set point .. I do 70.00. This basically keep all non-managers at < 70.00 wealth.

[kiska87]

Originally posted by jhughes:

I also think the rate is the same as salary and not a percentage. So if you set the rate at 5.00 .. it would be the same as a 5.00 daily salary.

There is no "%", so yes, it's not a percentage.
Every household, who is above the wealth threshold pay the set amount in hrynyas as a wealth tax.

[tanyfilina]

I've recently built some new row houses and a barber near them, and I'm struggling with the fact that all families in row houses quickly run out of money, even with several people working, the barber is fantastically rich and the tavern keeper isn't getting rich at all. The tavern keeper stays at the wealth threshold level, but where all the money for alcohol go? And it feels like those people in row houses spend all their money for alcohol... I've already set the barber tax at 25, but it earns about 130-140 per month! And I have to help families in row houses regularily.

What can I do apart from setting market prices lower? I had it about 90/100%.

[Trip]

Originally posted by tanyfilina:

I've recently built some new row houses and a barber near them, and I'm struggling with the fact that all families in row houses quickly run out of money, even with several people working, the barber is fantastically rich and the tavern keeper isn't getting rich at all. The tavern keeper stays at the wealth threshold level, but where all the money for alcohol go? And it feels like those people in row houses spend all their money for alcohol... I've already set the barber tax at 25, but it earns about 130-140 per month! And I have to help families in row houses regularily.

What can I do apart from setting market prices lower? I had it about 90/100%.

Sounds like your market price is way too high, try setting it to 10% so they can afford to buy the food.
Set the wealth tax higher to squeeze your barber more, he sounds too rich :)

[tanyfilina]

Originally posted by Trip:

Sounds like your market price is way too high, try setting it to 10% so they can afford to buy the food.
Set the wealth tax higher to squeeze your barber more, he sounds too rich :)

He's about 1100 rich now! I've already set barber tax to 30, wealth tax at 7.5. Everything worked well without barber and tavern, but they seem to break the economy :( People that live in the row houses near barber and tavern probably spend ALL their money for these services. I think there should be some wealth check as for clothes buying.