> Why does a person invest in land? Because they expect something to flourish in the vicinity of their land, and they'll be able to capture some of that increased productivity in the form of rent (or appreciation).
Most people buying land are not doing it as a speculative investment. There are many who buy real estate as an investment, but most people buy real estate for personal use. Even those who buy real estate as an investment they typically make money from improvements whether that’s farming or residential.
Most people buying land are not doing it as a speculative investment. There are many who buy real estate as an investment, but most people buy real estate for personal use. Even those who buy real estate as an investment they typically make money from improvements whether that’s farming or residential.