Unlike the Stock Market, which is based on paper money, Land investment is based on one of the few things that lasts. It’s a very interested phenomenon. Like oil, land is a finite commodity – there is only so much of it. However, unlike oil, land will always be here and can always be changed. These factors make land a much more solid investment, especially compared to the shaky stock market.
The United States has seen a demand in both developed and undeveloped properties. In combination with an increase in outdoor activities has led to higher land prices over time. This trend seems to be continuing and is the leading factor into the short term investment aspects of land.
What else can you use land for? Depending on zoning, you can build residential houses, commercial buildings, ranches, wildlife plantations, farms, timberland farms, and even recreational hunting land!
What do you get when you invest in the stock market or fill up on gas besides numbers on paper and a few miles to drive? Investment in items that don’t really exist, such as stock, and commodities like gas don’t last long. This is why something like land is such a solid investment. It’s isn’t going anywhere. More people are coming into this country everyday. Why not buy some land and wait until enough people need it for housing so that you can sell for that big profit!
As the economy continues to strengthen and grow over time, property buyers should benefit from their investments. Just remember you get your investment in areas that are hot – golf courses, lakes, rivers, cities – are just some examples. The decision in investment is always yours, make the right one and secure your future the right way.