Most people think that land
investment is only for real estate developers, who buy big parcels of land for commercial
or residential development. But actually, investing in land is one of the sound
investment strategies available for common investor, both large and small. People invest in land for reasons such as:
- Possibly higher profits
- Less risk - imagine your land got hit by a bomb, it is still a land anyway.
- Greater flexibility for maximizing value - you can plan your dream project on it.
- Easier and simpler investment management
- Land is real – it is tangible, can be visited, seen and walked on
- Land is a finite resource
- Land increases in value due to demand outstripping supply.
Land changes in value simply due to
the whim of mankind. When the local authorities suddenly approve a new project
on an abandoned land, it could become worth over 10 times! What other
investment could possibly achieve high return at no extra cost to you at no
risk?
Buying a land as a long term investment is definitely worth it. This is a
direct logic which is very true.
No comments:
Post a Comment