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With the government looking to build houses on green-belt land, is now a good time to buy cheap land in...? |
green-belt areas with the hope of selling it on for a huge profit once planning permission to build has been granted on it by councils following government instructions. Investing in land is always worthwhile if you take a medium to long term view or you know how to get planning changed in the short term. Any time is a good time to buy cheap land. Real estate is always a good investment because land is the only thing they aren't making more of. There is a finite amount of usable land on this planet. Owning a piece of it will always be worthwhile. OK, soapbox time. Yes any land on which planning permission is granted is a good investment in the short term, but in the long term, if the green belt, (which is relatively small) is built over, your and future generations life, will become intolerable. |
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