There are so many investment opportunities, a common question is ‘why is investing in land any different from everything else that I could invest in?
Many investments involve goods that are naturally limited to a certain amount. For instance, there is only so much gold in the world. No matter how much people buy gold, no one can really create any more than there already is. That’s one of the reasons why gold is such a great investment. But, the problem is that not everyone cares about gold. Sure, some people love gold jewellery, but only some people ‘can’t live without it’.
When you are talking about land, you will have to agree that everyone ‘can’t live without it’. Out of anything that you can purchase, land is the one thing that you cannot live without. There is only so much land and everyone needs at least a little bit to live on. No one is making any more land, but people are buying it up at increasing rates.
This increasing demand for land makes it a great investment. In fact, investing in land gives you an investment which will, over the long run, only increase in value. While possessions like cars and homes lose value as they grow older, land will continue to become more and more valuable as time passes on.
It appreciates rather than depreciates. This is because of all of the reasons I have discussed above: we all need land and no one is making any more of it.
So if you are new to investing in land you can be sure that you are in a profitable business.