Saturday 4 February 2012

What is Land Banking People?

Land Banking is some kinda practice of buying raw land with the intend to hold on to it until such a time as it profitable to sell it on to others for more than was initially paid. Usually its done by a few investors instead of one! Land is popular as an investment as it is a tangible asset (something that you can see, feel and touch)

The intended increase in value may come from inflation, conversion for use as housing!
Typically parcels of land desirable for land banking are those that lie directly in the growth path of rapidly developing cities. The initial goal is to buy undeveloped land that will increase in value.
I will update more on investments soon! Just stay touch with me or you can even comment and ask anything about investment! I will be there stand by waiting for your comment ! Have a pleasant day people.

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