Volconvo Debate Forums - View Single Post

Cadre · Apr 26, 2004, 07:22 pm

Of course if your smart you should be able to work the system.

Buy land occupied within erradic areas of urban sprawl while it's cheap before the town/city/government wishes to build upon it. 40 years down the line, when the municipal/federal government wishes to build and industrialize the area (housing projects/developments, plazas, supercenters) you own it, the price on the land will skyrocket and you can quadruple your original expenditure on the land.

Basic real estate right there.

Apr 26, 2004, 07:22 pm	#2 (permalink) (top)
Cadre a thinking thing Location: Ajax, ON Posts: 174	Of course if your smart you should be able to work the system. Buy land occupied within erradic areas of urban sprawl while it's cheap before the town/city/government wishes to build upon it. 40 years down the line, when the municipal/federal government wishes to build and industrialize the area (housing projects/developments, plazas, supercenters) you own it, the price on the land will skyrocket and you can quadruple your original expenditure on the land. Basic real estate right there. Never assume that truth connotates purity or nicety.