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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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Green
belt swallowed up by new homes
28/11/2002
(source: The Times)
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An
area of green-belt three times the size of Hyde Park in Central
London is covered in houses every year in the South East.
On
average 8 per cent of all land that was developed for housing
was carved out of the green belt.
The
revelation is embarrassing for the Government, which has
repeatedly declared that it will protect the green belt. Housing
developers have been pushing hard to build on it, saying that it
will be impossible to satisfy accommodation needs without doing
so.
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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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