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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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Thousands
more new homes needed
17/03/2004
(source: Reuters) - continued |
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Barker
said there were a number of fiscal incentives to bring forward
land for development or help raise revenue for recycling to
local housing projects.
And she called on the house-building industry to improve its
level of investment in skills and innovation, and take steps to
match its level of output to levels of customer demand.
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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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