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Land Purchase Questions
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<blockquote data-quote="AT Hiker" data-source="post: 5779181" data-attributes="member: 10019"><p>I'm not a land investor, partly because I'm stir crazy and have zero patience. Also, I'm going through some issues with family property and I wouldn't wish that on anyone. </p><p></p><p>However, think about this. The US purchased hundreds of millions of acres from France and Russia for less than 5 cents per acre. Pretty good investment if you ask me. In today's world, capitalism is most likely the better investment (companies that produce widgets) but I don't think raw land is a horrible endeavor. Especially If your goal is to recreate on it. </p><p>Having the capital to do so obviously makes it easier. The idea of buying, selling and upgrading seems like a good idea to me.</p></blockquote><p></p>
[QUOTE="AT Hiker, post: 5779181, member: 10019"] I’m not a land investor, partly because I’m stir crazy and have zero patience. Also, I’m going through some issues with family property and I wouldn’t wish that on anyone. However, think about this. The US purchased hundreds of millions of acres from France and Russia for less than 5 cents per acre. Pretty good investment if you ask me. In today’s world, capitalism is most likely the better investment (companies that produce widgets) but I don’t think raw land is a horrible endeavor. Especially If your goal is to recreate on it. Having the capital to do so obviously makes it easier. The idea of buying, selling and upgrading seems like a good idea to me. [/QUOTE]
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