Do you look down on Bushy or undeveloped areas?

[davis196]

I live in the country where the population is decreasing and more and more houses and apartments are left empty.
Your problem is more related to country with growing population, where the cities are growing and some villages are turning into cities because of the increasing population. Some developed areas are slowly turning into bushy undeveloped areas in the place where I live.
30 years ago the real estate prices in my country were 10 times cheaper than now and I remember my mother expressing regret for not buying an apartment back in 1992 or 1993.
I don't want to buy a house or apartment, because I don't have kids and I don't plan having kids. What's the point of buying a house or apartment, when nobody will inherit that property after 20-30 years?

[erep]

I remember the last time there was information about land for sale at low price located behind the city, my friend was very lucky to have bought the land because he had received confidential information from his friend who works in the contractor department said the government is planning to build a new road in the land area, the land is now worth more than 2x the previous price and he has no intention of selling it due to the strategic area of the property as the main access road to the city.

[Wexnident]

Nope. I'd consider land as any good land imo since development would come and surround it sooner or later. If you were able to partake and join in developing that land together with the surrounding lands, then you'd be able to make profits in the later years. Ofc lands have different values in themselves but that's a different issue imo, a land would always have value that you can take advantage of if properly done, especially with the amount of commercialization the world has already experienced.

[ultrloa]

Sometimes we didn't expect this things to come so for sure normally we experience something like this from the past. But what good thing about downplaying a place is we learn something on those areas because at this moment we can take action on un develop areas and make it as part of your investment. For sure we can still see a lot of opportunities since each province or cities are improving.

[Sebas.tian]

As long as you think you can live their and still have a good neighborhood, then why not?
Basically, we buy a house or land on a place where we can find peace and security, buying a property is not easy but its the goal for most of us here. I also have my dream of having my own house, and my top priority is the budget and of course the location of the property, though I prefer to have a property on a city proper.

I think, having properties in the city is more favourable because anytime you want to sell the properties, it will still give you a huge amount of income compare having a properties in undeveloped areas were insecurity is not allow people In the environment to move freely in the land. Investing on properties is very good, but make sure you have the money to invest on a particular properties that will not make you to regret for the money you invest on such properties, because there are some properties that doesn't have future benefits based on the location the properties is located in the community.

[yhiaali3]

Indeed, it has happened to me more than once with more than one person, my father, uncle and others. We often passed in a commercial street crowded with shops and people and they told me that they had the opportunity in the past to buy here when this street was empty but we did not, many areas seem at first glance Empty and remote as the desert, but luck plays and this area becomes one of the most expensive areas in the city as a result of the passage of an important road or a huge project or other sudden events that transform the area into something completely different.
This is a stroke of luck, in my opinion, because many people have bought into vacant places at cheap prices hoping that it will become an expensive commercial area in the future, but this has not happened.

[Kakmakr]

My mother bought a piece of land 20 years ago....in a underdeveloped area when there were zero services on those plots. (No Water & Electricity or Internet access) ..... she built her first house on that land and services were installed a year later.

The location was perfect, because it was beach front property ...with unobstructed views of the ocean. She sold that property for a massive profit after 20 years and was able to buy 3 houses with the profit. (2 x rental properties that generated passive income for her retirement) 

[Rruchi man]

Do you think buying your first landed property in a bushy area is a good investment for the future.

If I had the resources to, I will buy any sort of land even a waterlogged, a swampy land etc...Land is getting scarcer by the day, and that means more valuable. My city for instance is so densely packed that there's barely any land for sale in the city, to get a space to erect a new structure, you have to buy an already existing property and demolish it to build your own if that's your wish. It is an indication that land is becoming more valuable as development is spreading fast. To own any sort of land not just the bushy ones is a good investment for the future.

[Lanatsa]

Have you ever or come across friends/ family members feel regretting of not buying land property in an undeveloped area that later turned  a city after some years, houses/land property becomes very expensive.  Time without numbers of have always heard many people how they gave histories about some areas when it was coming up land was sold for a very little amount of money,  then they had opportunity to get land for a penny but not interested of it because it was bushy and not developed.  

After some years the place gets developed  by people who endured and quickly moved in no matter how it was bushy and undevelope. Most of the people I meet making complain like this never had opportunity again to afford a piece of small land again because of much responsibility of life.

It seems very painful because of the amount of money spent for renting a house annually.  Do you think buying your first landed property in a bushy area is a good investment for the future.

There are situations in life which cant really be avoided where you do really need to sell something just for you to survive or you are really in need into those times and find out those things had been sold had made out

a significant value all over the years had passed and yes it could really give out that kind of stress on someone but lets just move on and dont make ourselves get hooked back in the past.

Past is past and there's no way that we could turn back the time and its more important to look forward and plan things up ahead at least you do make yourself much more wiser compared in the past.
Better to think and act on what you would really be having plans in future and dont make yourself shackled because that would really be a big hindrance on your current progress.

[Ebede]

There is no need of looking down 4 a place that is on undeveloped because the on the undeveloped environment, is a place someone can buy a land or a piece of land in affordable form. So true what I understand and experience for land business and the buying of land for on undeveloped areas it's like someone buying a cryptocurrency or a token that does not have a name but after the bullish market of cryptocurrency profitreturn to who who purchased a token when the value is valueless

[Hydrogen]

Do you think buying your first landed property in a bushy area is a good investment for the future.

There are those who enjoy digging holes in the ground. Moving rocks and earth to shape the land. Developing an overgrown lot of bushes and trees comes easy to some. I enjoy that type of activity as it stops me from thinking about things and overanalyzing. It can be like a form of therapy. As a job, it can be like being paid to exercise and work out. Getting paid to burn calories and stay in shape.

Las Vegas was built on the cheapest land that could be found, in a desert. The original buyers developed it into massively profitable real estate, hotels and casinos. There definitely is profit potential in flipping lots and real estate. With creative financing, fractional real estate development and government loans. It could be easier to qualify for real estate today than it was in the last few previous eras.

On the negative side, property taxes are rising significantly in some US states. There are also restrictions being passed which could make it harder to sell property once bought.

Real estate in states like california and new york are generally losing value. While states like florida and texas are gaining value. They always emphasize location, location, when it comes to real estate. Its very important for a reason. Every state has their own regulations, taxes and code. Which could make what would be a good investment in one state, a bad investment in another.

[milewilda]

There is no need of looking down 4 a place that is on undeveloped because the on the undeveloped environment, is a place someone can buy a land or a piece of land in affordable form. So true what I understand and experience for land business and the buying of land for on undeveloped areas it's like someone buying a cryptocurrency or a token that does not have a name but after the bullish market of cryptocurrency profitreturn to who who purchased a token when the value is valueless

Totally unpredictable yet you cant really able to know or determine if the land you had bought would actually have the chance on getting developed on upcoming years or decades to come
which it is also the risk when you are on a land or lot business where you do assume that it would really be ending up that way just like on what others been experiencing.Sometimes it do really
involved with some luck exclusive into the analysis and presumption you had made out. Pointing out potential lots is hard because we know that its not something cheap if you do ask me.
Even here on my country where bushes and underdeveloped areas are still considered expensive on buying it on bigger area and its just common sense that you wont really
be purchasing something in rocky mountains. 

[TheGreatPython]

Have you ever or come across friends/ family members feel regretting of not buying land property in an undeveloped area that later turned  a city after some years, houses/land property becomes very expensive.  Time without numbers of have always heard many people how they gave histories about some areas when it was coming up land was sold for a very little amount of money,  then they had opportunity to get land for a penny but not interested of it because it was bushy and not developed.  

A land or a property is a good investment as addition or as an alternative to cryptos. That way, we can possibly lessen our risk or we can earn more income. It does not really matter if the area is bushy but if that can make its price cheap then you can prefer that one.

You can always clean it later on and when the area looks nice again, you can make a better offer for it and pretty sure that many are going to get attracted with it but if you are still renting or you don't own your own house yet then you are the ones that should use that land. If there are extra rooms, you can also make an offer for it. Space for rent is also a good business.

[Myleschetty]

I don't know if most people know that land is considered an asset with the most protracted life span and in cryptocurrency the value of the market is measured by the level of demand and supply.
Technically, the world population will always increase and there will be more people demanding land. Therefore, buying some land in an undeveloped area is a good investment for the future but just like you have to dyor in crypto you also need to do some research about the possible issue or exposure the rural area will get in the future before buying it.

[virasisog]

Sometimes we didn't expect this things to come so for sure normally we experience something like this from the past. But what good thing about downplaying a place is we learn something on those areas because at this moment we can take action on un develop areas and make it as part of your investment. For sure we can still see a lot of opportunities since each province or city are improving.

I certainly agree with this. I was once living in an almost underdeveloped province where there was no open opportunity for everyone so I decided to move out to a city where I found my fate. After years of exploring in cities, I went back to visit our relatives in our province and to my surprise, everything has changed and developed. I regret not buying a small property because I underestimated the location. Unexpected things can really happen so we shouldn't underestimate properties or places.

[KingsDen]

I am a victim of this circumstance and I believe many people are too. But one funny thing is that people are repeating same mistakes again. What I have concluded and can say is that investment in land buying cannot waste and you will not lose.
What happens is the duration to run into gains differ due to location of the land.
So, an investor who has a money he doesn't have immediate need of can go to the rural and buy land.

It seems very painful because of the amount of money spent for renting a house annually.  Do you think buying your first landed property in a bushy area is a good investment for the future.

Answering this question, I have seen an economist argue that renting an apartment is economical that building a house.

[Oilacris]

Sometimes we didn't expect this things to come so for sure normally we experience something like this from the past. But what good thing about downplaying a place is we learn something on those areas because at this moment we can take action on un develop areas and make it as part of your investment. For sure we can still see a lot of opportunities since each province or city are improving.

I certainly agree with this. I was once living in an almost underdeveloped province where there was no open opportunity for everyone so I decided to move out to a city where I found my fate. After years of exploring in cities, I went back to visit our relatives in our province and to my surprise, everything has changed and developed. I regret not buying a small property because I underestimated the location. Unexpected things can really happen so we shouldn't underestimate properties or places.

Everything in life is totally unpredictable and there's no way for someone could able to tell on what would happen in the future.Even though it looks bushy or underdeveloped but you cant really able to point out if it does have that future potential to be developed and that land would really valuable.We people could make out certain decisions in life whether we would really be seeing some opportunities or just
simply buying just because you do love to have some properties and lands which would for you to live on on the future or something that you do mind off about being inherited by your children.

[Rockstarguy]

Do you think buying your first landed property in a bushy area is a good investment for the future.

There are those who enjoy digging holes in the ground. Moving rocks and earth to shape the land. Developing an overgrown lot of bushes and trees comes easy to some. I enjoy that type of activity as it stops me from thinking about things and overanalyzing. It can be like a form of therapy. As a job, it can be like being paid to exercise and work out. Getting paid to burn calories and stay in shape.

I think these set of people are responsible in opening areas,  and they benefit a lot because as the area is developing they develope along with the area, they grab some opportunities and may they might be lucky to get additional property.

Las Vegas was built on the cheapest land that could be found, in a desert. The original buyers developed it into massively profitable real estate, hotels and casinos. There definitely is profit potential in flipping lots and real estate. With creative financing, fractional real estate development and government loans. It could be easier to qualify for real estate today than it was in the last few previous eras.

Good to know that beautiful Las Vegas was once a desert,  at that time am very sure many won't show interest to dream of living there. Right now am very sure it is one of the most expensive city to buy house. Those who got property earlier for renting or to resell might have generated good amount of money.

On the negative side, property taxes are rising significantly in some US states. There are also restrictions being passed which could make it harder to sell property once bought.

This can be stress to some people who already a property,  because of the high tax some might even prefer to rent annually.

[darkangel11]

It's the thing that in many cities land about 10-20km from the suburbs becomes the suburbs in the next 20-30 years. From my experience, my parents bought a piece of land about 20 km from the city because they liked the area was near a forest park, but also had electricity. They had the means to buy more land there but they thought that there's no point in that. Now there's a wealthy neighborhood nearby and the land prices went through the roof. There's fiber optic Internet, natural gas and sewage lines, and you almost can't buy land in the area anymore because there are new houses everywhere.
Buying land is always a safe bet. It can hold value, or it can go up in value but it rarely goes down.


That said, I know a town where they built a waste burning plant and the price of land went down.

[GeorgeJohn]

This concept or ideology is a something you have to reason with your initiative or intuitive so therefore it's very known that undeveloped environment, is good to create a good firm or an industry that we may be the place to develop, so from my own perspective or my own understanding of having a piece of land for environment that he is unkempt is very knowledgeable and I can let you go for someone to run it investment to a place that is not well developed because it is very obvious that that those is not really develop, will develop in the future due to a development rotation.