There has been a lot of buzz around how the value of Land never depreciates but appreciates always. Well in my experience that is not entirely or always true being that it's based on the location of the land that determines if the value of the land appreciate rapidly or not.
Buying a land in an area that you know is close to achieving development are the land that appreciates heavily not every land that one buys.
If you buy a land that the area is not likely to be developed in like 80 years to come, you can see that tge land won't be a successful investment.
What's your take on this guys?
Buying a land in an area that you know is close to achieving development are the land that appreciates heavily not every land that one buys.
If you buy a land that the area is not likely to be developed in like 80 years to come, you can see that tge land won't be a successful investment.
What's your take on this guys?