South Park
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August 09, 2022, 08:20:04 PM |
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I've experienced the opposite situation, my sister bought a house on the edge of an underdeveloped city a few years ago. Now the suburb has been slowly developed into a new economic zone, and the price of the house has gone up a lot. As far as I am concerned, whether to buy my first house in a Bushy area should be investigated specifically whether there is one in this area.
If you can buy a piece of land or a house which is located in a place without too much of an infrastructure but eventually the city reaches you the value of your property will go up many times over, after all the center of any city is always the most expensive as that is where everything is located, so a lot of people cannot afford those prices and decide to buy their homes where they can afford it, and this in return makes the expansion of the city even faster, eventually reaching you and bringing you additional profits if you decided to sell your house at the time the market was hot.
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iv4n
Legendary
Online
Activity: 3318
Merit: 1190
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August 09, 2022, 09:15:33 PM |
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Well, my neighbors in the old hood are very rich! A man is working in the city development commission, he knows where the roads will pass, on which side the cemetery will expand, highways, hospitals, etc... so they bought first lands long ago, they never stop buying actually... everything on his wife and kids of course! It's like that with the county in transition! Have you ever or come across friends/ family members feel regretting of not buying land property...
I guess it's different with people who had some money and instead of investing in some land property they turn to another side, maybe they regret their decisions... but I know a lot more people that didn't have money for buying anything, simple as that! There's money in this, we all know that, but that game is rigged!
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Hamphser
Sr. Member
Offline
Activity: 2604
Merit: 339
Vave.com - Crypto Casino
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August 09, 2022, 09:34:04 PM |
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I've experienced the opposite situation, my sister bought a house on the edge of an underdeveloped city a few years ago. Now the suburb has been slowly developed into a new economic zone, and the price of the house has gone up a lot. As far as I am concerned, whether to buy my first house in a Bushy area should be investigated specifically whether there is one in this area.
If you can buy a piece of land or a house which is located in a place without too much of an infrastructure but eventually the city reaches you the value of your property will go up many times over, after all the center of any city is always the most expensive as that is where everything is located, so a lot of people cannot afford those prices and decide to buy their homes where they can afford it, and this in return makes the expansion of the city even faster, eventually reaching you and bringing you additional profits if you decided to sell your house at the time the market was hot. Thats why some people do decide to purchase up lands even though not literally located inside city current vicinity but they are aiming residing lots doesnt matter if its bushy or something had already some old houses or something like that because they are really seeing its potential and doesnt mind but we know that mostly it would really be just cheap compared into those lots which are located in the center. Its true that value do increase on how many folds i would say compared into the amount on the time you had bought it which ROI is definitely a good one but of course choosing and considering purchase into those early years would be hard. You cant really be sure if the said property that you had purchased will end up on that way or would not.So there's always a risk on that.
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dezoel
Legendary
Offline
Activity: 2198
Merit: 1081
Leading Crypto Sports Betting & Casino Platform
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August 12, 2022, 05:53:01 AM |
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I feel exactly the opposite of that. I would rather sell my house in the biggest city of my nation, just one house that I live in and not making me any money at all currently (just keeps me away from paying a rent), and would spend that money on buying plots of lands on undeveloped areas. That way, I know that even if I do not live a super wealthy life, at the very least my kids would.
I know that population is getting more crowded and that means we are going to build more houses to put them in. That is why getting some land on undeveloped places would make you richer later in life. It is just that people who barely have enough to do this, can't afford to do it easily.
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Subbir
Full Member
Offline
Activity: 812
Merit: 104
🎄 Allah is The Best Planner 🥀
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August 12, 2022, 02:38:17 PM |
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Land prices are increasing at present that's why I also think that buying land in underdeveloped areas will increase its price later on underdeveloped and bushy areas will gradually become rich. As the economy improves the value of land in underdeveloped areas will increase and if the price doubles, good profits will be made.
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South Park
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August 16, 2022, 09:27:58 PM |
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I feel exactly the opposite of that. I would rather sell my house in the biggest city of my nation, just one house that I live in and not making me any money at all currently (just keeps me away from paying a rent), and would spend that money on buying plots of lands on undeveloped areas. That way, I know that even if I do not live a super wealthy life, at the very least my kids would.
I know that population is getting more crowded and that means we are going to build more houses to put them in. That is why getting some land on undeveloped places would make you richer later in life. It is just that people who barely have enough to do this, can't afford to do it easily.
I think it also has to do with the fact that many people do not want to deal with any kind of complications, we know that commute times can be really really bad if you work at the very center of the city, so they do not want to deal with that and they prefer to pay a higher price for a house or an apartment there than to buy undeveloped land at the outskirts of the city, at the end of the day it is their decision but I personally I agree with your assessment, as it is better to have a bigger piece of land as not only your life will be more comfortable over the long term but you could also even have the option to try to harvest some of your food, in the case things get really ugly during the next decades.
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blockman
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September 19, 2022, 07:11:02 PM |
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Getting landed property is good if you have money and you don't know what to do with money to avoid spending it. But before anyone will think about buying land he or she must be doing well in his or her business. Using money that can be used to develop a business to buy land is not right, create cash flow first before to think of buying land. You may use money that can be used to strengthen your business to buy land and end up in selling the land to help your business. People just want to run away from paying rent.
Having that much money and you don't want to spend it on other things that will just suck the value of it, you better buy a land property but you need to be wise. If it's from a bushy area and you see no development around, you have to consider if it's worth your time and interest that someday it might become a good place for commercial space or depend on the thought yours that has been processed as you've bought it. I've known people that just keep on acquiring pieces of land because it's the best investment to them and they don't mind if it's undeveloped for so many years since lands are appreciating assets.
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Uruhara
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September 19, 2022, 09:21:07 PM |
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the most dense and remote land, for example in a village, is the most potential to develop. because the price will be low this time. and worth buying. and a few years later the price of the land will be expensive. especially if we manage it well so that it looks like a good place. but must be close to the access road. or at least there is the potential that there will be access roads to it in the future. because the place becomes expensive when close to the access road.
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Jatiluhung
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September 20, 2022, 06:40:29 AM |
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Currently the population is growing rapidly. So it's no wonder that many places are originally remote and still look like forests with lots of big trees. but this year it has turned into a luxury housing complex. and of course the land was bought cheaply by the people who are now building luxury housing in that place. and in that place now stands a number of magnificent houses of more than 10 houses. and even the price of 1 house there is much more expensive than the price of the whole land when the place is still a remote place with many trees like a forest. I imagine the regrets of the people who sold the place. from there I always collect money to buy land. i invest in bitcoin but i also raise money to buy land. because I believe this sector is the most profitable in the future.
And some of the advantages of investing in the purchase of land or land are like - Gaining Capital Profits (Increase Prices) - Very low maintenance cost - Can be used as a new business area - Very minimal risk of loss - Get additional income from renting out land to those who are interested - if it's agricultural land then it can generate profit from agricultural produce (if you can farm)
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nara1892
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September 20, 2022, 11:04:15 AM |
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We have to think carefully before doing that, it will be very unfortunate when we have a piece of land but it is not managed. We must have criteria before making a land sale and purchase transaction, for example a strategic place and so on. Even though our original purpose of buying land in the left behind is for the future, but we must make good use of it. In my place, many say that buying a vehicle such as a car, electronic device or other goods is too expensive, they even say they don't have the money to buy it. But if they were offered a piece of land, they readily paid for it on the spot. In fact, when compared to land prices, it is not cheaper than electronic goods or the like. This makes me think, land is a property asset that cannot be underestimated.
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Iroh
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September 20, 2022, 11:44:18 AM |
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First off, land is an asset that would only appreciate in value as the years go by. And I think purchasing a piece of land is always a good investment as you could always sell it later and make a considerable amount as profit. Like I stated earlier, the value of a given piece of land would only appreciate so I would advise anyone that has the money and is willing to buy land. I should add that the various cities we live in today were once undeveloped and somewhat barren. So anyone looking down on undeveloped places are ignorant as undeveloped land is like a gold mine waiting for anyone to explore it.
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GiftedMAN
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September 20, 2022, 12:09:20 PM |
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Do you think buying your first landed property in a bushy area is a good investment for the future.
Based on my personal experience, I will not suggest or advise anyone to venture into acquiring the first landed property in a bushy or underdeveloped area irrespective of the fact that land does not depreciate rather it appreciates as long as times and years keep running and the area that the land is located is hoping for development in the future. I will advise the Op not to invest in a landed property in a bushy area because as your first investment, you don't need something that will take so many years before development will get to your side of the investment rather I will advise you go for developing areas to invest because you will make double gain of your investment capital within a short time.
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minairia3
Sr. Member
Offline
Activity: 1638
Merit: 326
Vave.com - Crypto Casino
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September 20, 2022, 12:48:56 PM |
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Do you think buying your first landed property in a bushy area is a good investment for the future.
Based on my personal experience, I will not suggest or advise anyone to venture into acquiring the first landed property in a bushy or underdeveloped area irrespective of the fact that land does not depreciate rather it appreciates as long as times and years keep running and the area that the land is located is hoping for development in the future. I will advise the Op not to invest in a landed property in a bushy area because as your first investment, you don't need something that will take so many years before development will get to your side of the investment rather I will advise you go for developing areas to invest because you will make double gain of your investment capital within a short time. Not really, Firstly, the land will not depreciate over time, secondly, the population density is increasing, the land in the central area is increasingly difficult to buy and expensive. Buying land in a bushy, undeveloped areas will take quite a while to develop but not without potential in the future. Investing in real estate, you can't expect quick returns like cryptocurrencies, this takes a very long process to do. Real estate as well as other financial investments, prices are still inflated, so you have to be very careful or you will be buried for a long time.
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GiftedMAN
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September 20, 2022, 02:13:20 PM |
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Do you think buying your first landed property in a bushy area is a good investment for the future.
Based on my personal experience, I will not suggest or advise anyone to venture into acquiring the first landed property in a bushy or underdeveloped area irrespective of the fact that land does not depreciate rather it appreciates as long as times and years keep running and the area that the land is located is hoping for development in the future. I will advise the Op not to invest in a landed property in a bushy area because as your first investment, you don't need something that will take so many years before development will get to your side of the investment rather I will advise you go for developing areas to invest because you will make double gain of your investment capital within a short time. Not really, Firstly, the land will not depreciate over time, secondly, the population density is increasing, the land in the central area is increasingly difficult to buy and expensive. Buying land in a bushy, undeveloped areas will take quite a while to develop but not without potential in the future. Investing in real estate, you can't expect quick returns like cryptocurrencies, this takes a very long process to do. Real estate as well as other financial investments, prices are still inflated, so you have to be very careful or you will be buried for a long time. Responding to what op asked, I can not invest in a bushy area otherwise known as an underdeveloped area with my first investment. Going with your response, land does not depreciate fine but the amount of funds available to me will determine if am to invest in such areas because having a landed property in a developed area may be expensive but you will definitely get double of your investment capital because people will always want to buy lands in a developed city where companies and industries are located rather than investing in an under the developed area that may take several years before developing. Crypto investment can not be compared to land investments because even crypto is not quick money-giving scheme.
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blockman
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September 20, 2022, 10:38:43 PM |
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Having that much money and you don't want to spend it on other things that will just suck the value of it, you better buy a land property but you need to be wise. If it's from a bushy area and you see no development around, you have to consider if it's worth your time and interest that someday it might become a good place for commercial space or depend on the thought yours that has been processed as you've bought it. I've known people that just keep on acquiring pieces of land because it's the best investment to them and they don't mind if it's undeveloped for so many years since lands are appreciating assets.
I once met someone online - who used to turn the barren land into an edible garden - that was one of the finest project I have ever came across. I was unable to do it due to some reason but many be in coming days - I will try to build an earthship house. I am so fond of doing it. You can do that if you have spare land to occupy for a garden full of fruits and vegetables that you'd like to plant. Even if it's just like a mini garden, that would be an amazing hobby and at the same time, you'll get fresh food for free. And it's even more satisfying if you're the one that has planted it, many of my relatives have done that in the rural areas but it's not applicable to me as I don't have a space for it.
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Lanatsa
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September 20, 2022, 11:20:48 PM |
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Having that much money and you don't want to spend it on other things that will just suck the value of it, you better buy a land property but you need to be wise. If it's from a bushy area and you see no development around, you have to consider if it's worth your time and interest that someday it might become a good place for commercial space or depend on the thought yours that has been processed as you've bought it. I've known people that just keep on acquiring pieces of land because it's the best investment to them and they don't mind if it's undeveloped for so many years since lands are appreciating assets.
I once met someone online - who used to turn the barren land into an edible garden - that was one of the finest project I have ever came across. I was unable to do it due to some reason but many be in coming days - I will try to build an earthship house. I am so fond of doing it. You can do that if you have spare land to occupy for a garden full of fruits and vegetables that you'd like to plant. Even if it's just like a mini garden, that would be an amazing hobby and at the same time, you'll get fresh food for free. And it's even more satisfying if you're the one that has planted it, many of my relatives have done that in the rural areas but it's not applicable to me as I don't have a space for it. There are people who doesnt have that kind of interest on planting something which they could just basically buy it on a supermarket which does mean that they do prefer convenience rather than on minding about the freshness of those fruits and vegetables.Well, we do have different condition basing up on lifestyle and location on where people do lived.Speaking about investment on bushy areas then it would totally vary on someones investment decision because there are places which are having that huge potential for development and there are some which is not. This is why choosing a lot or any property will not really be that easy as it sounds or looks.
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Mr.right85
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September 20, 2022, 11:32:21 PM |
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Lost opportunities. There would always be lost opportunities due to the uncertainty nature that comes with opportunities. If it were to be known to most persons at the time, then it would have gotten and maintained a high value but the uncertainty nature of it is what makes you a better real estate manager or investor. If your not, then having the services of someone who is experienced would be one way to have an edge. Fortunately for some or should I say its a move of being smart, they keep an eye on government projects.
Unfortunately, people would always look down on certain areas that would count for a lost opportunity and we are doing that even now!
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Ahli38
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September 21, 2022, 12:30:42 AM |
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Do you think buying your first landed property in a bushy area is a good investment for the future.
Based on my personal experience, I will not suggest or advise anyone to venture into acquiring the first landed property in a bushy or underdeveloped area irrespective of the fact that land does not depreciate rather it appreciates as long as times and years keep running and the area that the land is located is hoping for development in the future. I will advise the Op not to invest in a landed property in a bushy area because as your first investment, you don't need something that will take so many years before development will get to your side of the investment rather I will advise you go for developing areas to invest because you will make double gain of your investment capital within a short time. Your thinking is also correct on this. when talking about investments that take years, then buying Bushy or undeveloped areas , for example, will indeed take a very long time to develop. but if the money invested is very cold money. in the sense that it will not be used for a long time. then buying it can still be done. but if the money we have is required to make a profit in a relatively short time. then buying Bushy or undeveloped areas can not be recommended. and buying property in developing areas can be the right choice. because developing areas are areas that are under construction so that the property we buy can increase in price in a relatively short time. so it depends on the condition of the money to be allocated for the investment. if for the long term, then Bushy or undeveloped areas is the choice. because it's much cheaper. but if the money we invest is for a relatively short term, it is not recommended to buy Bushy or undeveloped areas
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minairia3
Sr. Member
Offline
Activity: 1638
Merit: 326
Vave.com - Crypto Casino
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September 21, 2022, 02:09:39 AM |
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Do you think buying your first landed property in a bushy area is a good investment for the future.
Based on my personal experience, I will not suggest or advise anyone to venture into acquiring the first landed property in a bushy or underdeveloped area irrespective of the fact that land does not depreciate rather it appreciates as long as times and years keep running and the area that the land is located is hoping for development in the future. I will advise the Op not to invest in a landed property in a bushy area because as your first investment, you don't need something that will take so many years before development will get to your side of the investment rather I will advise you go for developing areas to invest because you will make double gain of your investment capital within a short time. Not really, Firstly, the land will not depreciate over time, secondly, the population density is increasing, the land in the central area is increasingly difficult to buy and expensive. Buying land in a bushy, undeveloped areas will take quite a while to develop but not without potential in the future. Investing in real estate, you can't expect quick returns like cryptocurrencies, this takes a very long process to do. Real estate as well as other financial investments, prices are still inflated, so you have to be very careful or you will be buried for a long time. Responding to what op asked, I can not invest in a bushy area otherwise known as an underdeveloped area with my first investment. Going with your response, land does not depreciate fine but the amount of funds available to me will determine if am to invest in such areas because having a landed property in a developed area may be expensive but you will definitely get double of your investment capital because people will always want to buy lands in a developed city where companies and industries are located rather than investing in an under the developed area that may take several years before developing. Crypto investment can not be compared to land investments because even crypto is not quick money-giving scheme. Of course, land in a bushy area, and undeveloped areas will not be as profitable as developed areas, if you have a lot of money it's not a problem. Once you have determined investing in real estate, you can't expect a quick return, I said it must be calculated in years, sometimes up to 10 years. So I don't agree with you that buying land in a bushy area is called risky, there are underdeveloped areas that get little attention but have a lot of potential in the next year or month. In the area where I live, many real estate investors are looking to the periphery, which has not been developed much, they think that it has not been exploited much, so the potential in the future is great. Unlike areas that have developed, costs are high and have become crowded, difficult to expand. The demand for land is increasing day by day and in the developed area, once it cannot compete, the periphery and the periphery are not developed, cheaper price will be the next choice.
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blockman
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September 21, 2022, 09:13:01 PM |
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You can do that if you have spare land to occupy for a garden full of fruits and vegetables that you'd like to plant. Even if it's just like a mini garden, that would be an amazing hobby and at the same time, you'll get fresh food for free. And it's even more satisfying if you're the one that has planted it, many of my relatives have done that in the rural areas but it's not applicable to me as I don't have a space for it.
There are people who doesnt have that kind of interest on planting something which they could just basically buy it on a supermarket which does mean that they do prefer convenience rather than on minding about the freshness of those fruits and vegetables.Well, we do have different condition basing up on lifestyle and location on where people do lived.Speaking about investment on bushy areas then it would totally vary on someones investment decision because there are places which are having that huge potential for development and there are some which is not. This is why choosing a lot or any property will not really be that easy as it sounds or looks. There's a huge difference about that on why there are people that have time doing this type of hobby and it's very satisfying. While those people just prefer to buy in the supermarkets. It's understandable because they're mostly working people and don't have time for that but someday, they'll realize that it could be a great passion that will make them happy and at the same time, they can pick anything at anytime they want to eat.
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