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Why
invest in land?
Why
you should invest in the
fastest growing resource this country has to offer?
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Brown
backs building and fixed-rate deals
10/06/2003 (source:
The Times)
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In the United States, whose housing finance system was singled
out for praise by the Chancellor, Professor Ball said market
stability was largely a myth.
“The
argument that long-term fixed rates are better does not hold,”
Professor Ball said. “Variable and fixed-rate systems appear
in countries that have experienced property booms. Neither
delivers more or less volatility.”
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Land prices
have risen by more than 926%in the last twenty years
out-stripping house prices.
Source:
BBC |
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| Large
developers have been ‘stockpiling’ land into their own
land banks with the knowledge that in future years as
towns and city’s naturally expand planning will be
granted. |
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| This enables
the shrewd private investor to emulate the fortunes that
have been made by developers without tying up huge sums of
money. |
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