Why are billionaires buy up lands?

[DYOR+BTC]

Land is one of the most appreciating asset that looks common but very important as at when needed, many spend millions in the bank believing its the best place to invest because of the little profit that comes in without knowing any investment done on land gives over two times the invested capital over time.
I still cannot forget the investment my boss did years ago on lands, now this property has gotten to a stage where it has increased to over three times of his invested  capital but he still insists of not selling. The question is can that same capital yield 3 times its initial if stored at the bank, the answer is obviously know.

[Gentle_Soul]

Why are billionaires buy up lands?


The answer is simple. They use their funds to create poverty for little people. Then, the little people need money to live, so they put their lands up for sale. Then the billionaires buy them the land to increase their wealth so that they can make the little people poorer.

And the cycle continues.

The rich are just fund of investing there funds they see the landed property as an investment plan that would yield a profit in the nearest future and that's why they can't help but buy up and even buy multiple because they see they the values of this lands in the nearest future and so they keep buying, the poor on the other hand becomes very needy and offers to sell off what they have have that can be valuable just to attend to other things that they may be needing. Sometimes this rich do not buy this properties with the intention of oppressing the poor but they buy them because they like taking on every opportunity they get to become more wealthy.

[Queen Julie]

Land is becoming scarce in areas where development is increasing. The billionaires are rushing to grab that land before it is too late. Buying land is now a competition among the billionaires.

A young man above 30 is supposed to have a piece of land, if not more than one piece of land in his possession. Land is an investment that increases in price faster. Starting from when you bought the land.

[GiorgoArm15]

I get why they buy land

You can print more money, launch another token or create another company, but you can’t exactly create more land

And if it’s in the right place, it can make money while you own it too

I also think priorities change with age

When you’re younger, taking bigger risks feels normal, but later you usually want something more stable and practical

Land fits that pretty well, so maybe there’s no big secret behind it

[Ab de villiers]

Land is one of the most appreciating asset that looks common but very important as at when needed, many spend millions in the bank believing its the best place to invest because of the little profit that comes in without knowing any investment done on land gives over two times the invested capital over time.
I still cannot forget the investment my boss did years ago on lands, now this property has gotten to a stage where it has increased to over three times of his invested  capital but he still insists of not selling. The question is can that same capital yield 3 times its initial if stored at the bank, the answer is obviously know.

There is no doubt about in today's time land is considered a good and tangible thing.The importance of real land increases when the population business and markets around it are growing so many people prefer to invest their money in land properties.But just because the current price of land has increased it does not mean that it will make a full profit but the real benefit will be when it is sold or it generates income for the future . Land can be a long term investment goal while keeping money in the bank can also easily earn financial profit . Both have their own advantages and disadvantages so it is not appropriate to declare one as better.

[hafiztalha]

Why will the poor be bothered when there are other things they need to be bothered of which is how to increase their income. Can you go and buy a Ferrari when you don't have any funds on you.

Land is a good asset and if it's in a good location, it will increase in value overtime. This is why the rich are getting wealthy because they put their money into assets that will generate passive income for them. A poor man can barely take care of his financial needs because he is broke.

I agree that land is a good investment especially when it is in good location and demand is increasingly high or it grows over time. But main issue is not as simple as poor people focusing on increasing their income or ignoring what other billionaires are doing. Wealth allow them to buy land because they have enough capital to invest and wait for profit to come in return.

While the People who have low income often have to use their money for the basic needs. The advantage of being rich is not that they can invest in asset but that their existing amount of wealth allow them to earn more with it and that cycle repeats in a way that wealth generates more wealth.

[phdobi]

One thing we must know that the rich will never stop buying is land, sure because definitely people need a place to live, and that apart, the rich will definitely keep expanding their empires, spreading their tentacles far and wide

[OgNasty]

"Palantir CEO Alex Karp quietly purchased 37,000 acres of forests in Sweden—and locals found out when hunters lost leases to use the property"

Probably nothing...   

On one hand, if I were a billionaire I would try to buy a massive plot of land in a beautiful place also.  You are basically securing your bloodline an amazing asset that will grow in value forever (with a long term view).

On the other hand, you always have to wonder what they know that makes them want to buy a plot of land away from everyone and build a bunker there.