Real Estate – Understanding And Profiting From Land Banking Free Download. Cheap…
Warren Buffet, arguably the world’s most prominent investor, will turn 90 later this year and his investments have survived booms, busts, financial crises, world wars, and now a global pandemic. One of the American’s most famous tidbits of advice is: “Only buy today something you would be happy to hold for 10 years if the market shut down tomorrow”.
Consider this advice in terms of land-banking: you could buy an empty plot of the land tomorrow, ignore it for 10 years and when you return to it, its size and shape will not have changed. Yet its value almost certainly will have. As the global population continues to grow, the amount of available land is going to continue diminishing. Demand will outnumber supply and the value of your investment will rise. It is simple mathematics.
Think about the neighborhood where you grew up. Has it changed? Most likely it has expanded, pushing its city limits wider, with new residential properties, commercial units, retail parks, and industrial factories. Now imagine if you had bought some land out there before the development began. Do you think its value would have risen? Without doubt. This exact strategy has turned keen entrepreneurs around the globe into millionaires. And continues to do so.
