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> If you're holding your land to cash out on it in the future, it's going to get developed regardless. Unless those you cash out from buy it because of what it
by anonymouskimmer 3y ago
> If you're holding your land to cash out on it in the future, it's going to get developed regardless.
Unless those you cash out from buy it because of what it currently is.
- bastawhiz 3y agoI think you'll find very few buyers who don't plan to build anything substantive who are willing to pay multiples of what you purchased the undeveloped land for. If you bought a plot of land for $100K and sell it for $250K thirty years later...you've barely beaten inflation.
- anonymouskimmer 3y agoThis is unfortunately true.