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Topic: Do you look down on Bushy or undeveloped areas? - page 2. (Read 874 times)

sr. member
Activity: 742
Merit: 392
Currently the population is growing rapidly. So it's no wonder that many places are originally remote and still look like forests with lots of big trees. but this year it has turned into a luxury housing complex. and of course the land was bought cheaply by the people who are now building luxury housing in that place. and in that place now stands a number of magnificent houses of more than 10 houses. and even the price of 1 house there is much more expensive than the price of the whole land when the place is still a remote place with many trees like a forest. I imagine the regrets of the people who sold the place.
from there I always collect money to buy land. i invest in bitcoin but i also raise money to buy land. because I believe this sector is the most profitable in the future.

And some of the advantages of investing in the purchase of land or land are like
- Gaining Capital Profits (Increase Prices)
- Very low maintenance cost
- Can be used as a new business area
- Very minimal risk of loss
- Get additional income from renting out land to those who are interested
- if it's agricultural land then it can generate profit from agricultural produce (if you can farm)
hero member
Activity: 546
Merit: 583
the most dense and remote land, for example in a village, is the most potential to develop. because the price will be low this time. and worth buying. and a few years later the price of the land will be expensive. especially if we manage it well so that it looks like a good place. but must be close to the access road. or at least there is the potential that there will be access roads to it in the future. because the place becomes expensive when close to the access road.
hero member
Activity: 2660
Merit: 608
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Getting landed property is good if you have money and you don't know what to do with money to avoid spending it. But before anyone will think about buying land he or she must be doing well in his or her business.  Using money that can be used to develop a business to buy land is not right, create cash flow first before to think of buying land. You may use money that can be used to strengthen your business to buy land and end up in selling the land to help your business. People just want to run away from paying rent.
Having that much money and you don't want to spend it on other things that will just suck the value of it, you better buy a land property but you need to be wise.
If it's from a bushy area and you see no development around, you have to consider if it's worth your time and interest that someday it might become a good place for commercial space or depend on the thought yours that has been processed as you've bought it. I've known people that just keep on acquiring pieces of land because it's the best investment to them and they don't mind if it's undeveloped for so many years since lands are appreciating assets.
hero member
Activity: 2856
Merit: 794
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I feel exactly the opposite of that. I would rather sell my house in the biggest city of my nation, just one house that I live in and not making me any money at all currently (just keeps me away from paying a rent), and would spend that money on buying plots of lands on undeveloped areas. That way, I know that even if I do not live a super wealthy life, at the very least my kids would.

I know that population is getting more crowded and that means we are going to build more houses to put them in. That is why getting some land on undeveloped places would make you richer later in life. It is just that people who barely have enough to do this, can't afford to do it easily.
I think it also has to do with the fact that many people do not want to deal with any kind of complications, we know that commute times can be really really bad if you work at the very center of the city, so they do not want to deal with that and they prefer to pay a higher price for a house or an apartment there than to buy undeveloped land at the outskirts of the city, at the end of the day it is their decision but I personally I agree with your assessment, as it is better to have a bigger piece of land as not only your life will be more comfortable over the long term but you could also even have the option to try to harvest some of your food, in the case things get really ugly during the next decades.
full member
Activity: 770
Merit: 104
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Land prices are increasing at present that's why I also think that buying land in underdeveloped areas will increase its price later on underdeveloped and bushy areas will gradually become rich. As the economy improves the value of land in underdeveloped areas will increase and if the price doubles, good profits will be made.
legendary
Activity: 1988
Merit: 1072
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I feel exactly the opposite of that. I would rather sell my house in the biggest city of my nation, just one house that I live in and not making me any money at all currently (just keeps me away from paying a rent), and would spend that money on buying plots of lands on undeveloped areas. That way, I know that even if I do not live a super wealthy life, at the very least my kids would.

I know that population is getting more crowded and that means we are going to build more houses to put them in. That is why getting some land on undeveloped places would make you richer later in life. It is just that people who barely have enough to do this, can't afford to do it easily.
sr. member
Activity: 2436
Merit: 324
I've experienced the opposite situation, my sister bought a house on the edge of an underdeveloped city a few years ago. Now the suburb has been slowly developed into a new economic zone, and the price of the house has gone up a lot. As far as I am concerned, whether to buy my first house in a Bushy area should be investigated specifically whether there is one in this area.
If you can buy a piece of land or a house which is located in a place without too much of an infrastructure but eventually the city reaches you the value of your property will go up many times over, after all the center of any city is always the most expensive as that is where everything is located, so a lot of people cannot afford those prices and decide to buy their homes where they can afford it, and this in return makes the expansion of the city even faster, eventually reaching you and bringing you additional profits if you decided to sell your house at the time the market was hot.
Thats why some people do decide to purchase up lands even though not literally located inside city current vicinity but they are aiming residing lots doesnt matter if its bushy or something had already some old houses or something like that because they are really seeing its potential and doesnt mind but we know that mostly it would really be just cheap compared into those lots which are located in the center.

Its true that value do increase on how many folds i would say compared into the amount on the time you had bought it which ROI is definitely a good one but of course choosing and considering purchase into those
early years would be hard.
You cant really be sure if the said property that you had purchased will end up on that way or would not.So there's always a risk on that.
legendary
Activity: 3066
Merit: 1168
Well, my neighbors in the old hood are very rich! A man is working in the city development commission, he knows where the roads will pass, on which side the cemetery will expand, highways, hospitals, etc... so they bought first lands long ago, they never stop buying actually... everything on his wife and kids of course! It's like that with the county in transition! Smiley

Have you ever or come across friends/ family members feel regretting of not buying land property...

I guess it's different with people who had some money and instead of investing in some land property they turn to another side, maybe they regret their decisions... but I know a lot more people that didn't have money for buying anything, simple as that! There's money in this, we all know that, but that game is rigged!
hero member
Activity: 2856
Merit: 794
I am terrible at Fantasy Football!!!
I've experienced the opposite situation, my sister bought a house on the edge of an underdeveloped city a few years ago. Now the suburb has been slowly developed into a new economic zone, and the price of the house has gone up a lot. As far as I am concerned, whether to buy my first house in a Bushy area should be investigated specifically whether there is one in this area.
If you can buy a piece of land or a house which is located in a place without too much of an infrastructure but eventually the city reaches you the value of your property will go up many times over, after all the center of any city is always the most expensive as that is where everything is located, so a lot of people cannot afford those prices and decide to buy their homes where they can afford it, and this in return makes the expansion of the city even faster, eventually reaching you and bringing you additional profits if you decided to sell your house at the time the market was hot.
hero member
Activity: 2926
Merit: 722
Do you think buying your first landed property in a bushy area is a good investment for the future.

Buying a property in an undeveloped place or let's say like a rural area can still be a good investment depending on your plan on it. Even if it will never become a city or a crowded place, you can still build a farm there like livestock or have your own fish pond. You can freely develop the area without bothering some establishments. If your plan is to build your house or have a store business there then it would be better to make sure it's near on a well-developed area so your investment won't go to waste.
Mate you are saying the real thing, firstly it only depends only what the person wants to do with land. Land can be use for farming that can generate money,  their are many things land can be used to make money. Some people believe the only way to make money from land is build houses and rent it out.
Depends whether it would be a potential commercial lot space or would be agricultural lot which it is really true that making money would be totally depending on what type of lot you are owning or you had purchased

Its up to someones consideration whether you do have long term purpose for such purpose or just simply you do really like to make money out of agricultural which had been said that it does really depend on what

type of land but there are some spaces or lots which it could be altered out but it would be entirely depending if the owner would decide and it all talks about money making.  Cheesy
hero member
Activity: 2352
Merit: 593
Do you think buying your first landed property in a bushy area is a good investment for the future.

Buying a property in an undeveloped place or let's say like a rural area can still be a good investment depending on your plan on it. Even if it will never become a city or a crowded place, you can still build a farm there like livestock or have your own fish pond. You can freely develop the area without bothering some establishments. If your plan is to build your house or have a store business there then it would be better to make sure it's near on a well-developed area so your investment won't go to waste.
newbie
Activity: 2
Merit: 0
I've experienced the opposite situation, my sister bought a house on the edge of an underdeveloped city a few years ago. Now the suburb has been slowly developed into a new economic zone, and the price of the house has gone up a lot. As far as I am concerned, whether to buy my first house in a Bushy area should be investigated specifically whether there is one in this area.
full member
Activity: 1204
Merit: 110
This is painfully relatable.

I had my eyes set on some parce of land some 30 kms away from the capital city. I always pass by those lots for years whenever I want to go on a quick drive to relax. Last time I inquired, the price per sqm of the said land was $15 equivalent to our country's money. Fast forward 4 years later, one of the premiere property development companies in the Philippines decided that they would buy the land on that same area where my prospect is lying on, and develop a subdivision of some sort. At that moment, I wish I just took that loan the bank was offering and buy a hefty piece of land to sit on for just 4 years. I could have made some quick buck without doing anything but I chickened out. It was one of the single, most regrettable thing I have ever done in my life.

There are still lots of land waiting to be bought on those mountainsides. It is a prime spot for diners and restaurants but the prices of land is still extremely low.
Our PM focus on Urban Forests and There is another kind of forest which is called Mykeri I am not sure if I spelled it right.
But it's like growing trees close to each other are taken care for almost 6 months.
Then the forest grow on their own.
legendary
Activity: 3542
Merit: 1352
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This is painfully relatable.

I had my eyes set on some parce of land some 30 kms away from the capital city. I always pass by those lots for years whenever I want to go on a quick drive to relax. Last time I inquired, the price per sqm of the said land was $15 equivalent to our country's money. Fast forward 4 years later, one of the premiere property development companies in the Philippines decided that they would buy the land on that same area where my prospect is lying on, and develop a subdivision of some sort. At that moment, I wish I just took that loan the bank was offering and buy a hefty piece of land to sit on for just 4 years. I could have made some quick buck without doing anything but I chickened out. It was one of the single, most regrettable thing I have ever done in my life.

There are still lots of land waiting to be bought on those mountainsides. It is a prime spot for diners and restaurants but the prices of land is still extremely low.
hero member
Activity: 2926
Merit: 722
Have you ever or come across friends/ family members feel regretting of not buying land property in an undeveloped area that later turned  a city after some years, houses/land property becomes very expensive.  Time without numbers of have always heard many people how they gave histories about some areas when it was coming up land was sold for a very little amount of money,  then they had opportunity to get land for a penny but not interested of it because it was bushy and not developed.  

After some years the place gets developed  by people who endured and quickly moved in no matter how it was bushy and undevelope. Most of the people I meet making complain like this never had opportunity again to afford a piece of small land again because of much responsibility of life.

It seems very painful because of the amount of money spent for renting a house annually.  Do you think buying your first landed property in a bushy area is a good investment for the future.
Everything that seem so less of value and importance at first will eventually change in the future especially with land properties that yields price appreciation in the next preceding years. So it’s not a bad idea to spend your money and invest into underdeveloped and bushy areas since they are expected to increase their price value once the area has been developed and become commercialized.
But not all the times because you would really be seeing that not all had bought lands and properties ending up on being profitable and stayed up to be underdeveloped after how many decades had passed

thats why i do believe that it is really somewhat needed off some luck too whenever you do buy a land or bushy area but for the sole purpose of buying a land for your place to live in then we wont really be having

these kind of consideration but for the sake of investment for long term then you should really consider some set of criteria for you to see whether its a worthy purchase or not.
Not all the times it would be ending up on a success but investing with land and similar to it is something worthy i must say.
hero member
Activity: 2884
Merit: 612
Have you ever or come across friends/ family members feel regretting of not buying land property in an undeveloped area that later turned  a city after some years, houses/land property becomes very expensive.  Time without numbers of have always heard many people how they gave histories about some areas when it was coming up land was sold for a very little amount of money,  then they had opportunity to get land for a penny but not interested of it because it was bushy and not developed.  

After some years the place gets developed  by people who endured and quickly moved in no matter how it was bushy and undevelope. Most of the people I meet making complain like this never had opportunity again to afford a piece of small land again because of much responsibility of life.

It seems very painful because of the amount of money spent for renting a house annually.  Do you think buying your first landed property in a bushy area is a good investment for the future.
Everything that seem so less of value and importance at first will eventually change in the future especially with land properties that yields price appreciation in the next preceding years. So it’s not a bad idea to spend your money and invest into underdeveloped and bushy areas since they are expected to increase their price value once the area has been developed and become commercialized.
hero member
Activity: 2702
Merit: 662
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Nope, because these areas could eventually be developed and that's when the exponential increase in value begins.  One of the best assets to hold which has stood the test of time is real estate.  Land typically always has some sort of value attached to it and seems to grow over time.
Land properties could be a good investment since it grow its value along with time. Unlike other assets or investments, buying real estate could give you more profits in the long run because you know its value will never depreciate, but continue to double its price especially if that will be more developed and will show source of progress.
hero member
Activity: 2856
Merit: 794
I am terrible at Fantasy Football!!!
Have you ever or come across friends/ family members feel regretting of not buying land property in an undeveloped area that later turned  a city after some years, houses/land property becomes very expensive.  Time without numbers of have always heard many people how they gave histories about some areas when it was coming up land was sold for a very little amount of money,  then they had opportunity to get land for a penny but not interested of it because it was bushy and not developed.  

After some years the place gets developed  by people who endured and quickly moved in no matter how it was bushy and undevelope. Most of the people I meet making complain like this never had opportunity again to afford a piece of small land again because of much responsibility of life.

It seems very painful because of the amount of money spent for renting a house annually.  Do you think buying your first landed property in a bushy area is a good investment for the future.
What we see today will be never be the same again the next day, or in the future. Just like a property, if it’s not developed yet, we always think it’s useless, but when developers see its potentials, it’s value instantly grows. So if we always focus on the future, that this land will become more developed, then it’s always a good investment to buy properties even in a bushy area.
What happens is that a great deal of people do not have the foresight to see that as the big cities keep growing then they need more land in order for the city to grow and as such it is a good idea to buy some undeveloped land and wait for the time the city expands and it reaches it, however other smart people are thinking the same so the competition is fierce and while money can be made out of those investments when we compare it at the speed the bitcoin market moves then I think it is a better idea to just invest in bitcoin than in a piece of land like that.
hero member
Activity: 2716
Merit: 904
Have you ever or come across friends/ family members feel regretting of not buying land property in an undeveloped area that later turned  a city after some years, houses/land property becomes very expensive.  Time without numbers of have always heard many people how they gave histories about some areas when it was coming up land was sold for a very little amount of money,  then they had opportunity to get land for a penny but not interested of it because it was bushy and not developed.  

After some years the place gets developed  by people who endured and quickly moved in no matter how it was bushy and undevelope. Most of the people I meet making complain like this never had opportunity again to afford a piece of small land again because of much responsibility of life.

It seems very painful because of the amount of money spent for renting a house annually.  Do you think buying your first landed property in a bushy area is a good investment for the future.
What we see today will be never be the same again the next day, or in the future. Just like a property, if it’s not developed yet, we always think it’s useless, but when developers see its potentials, it’s value instantly grows. So if we always focus on the future, that this land will become more developed, then it’s always a good investment to buy properties even in a bushy area.
hero member
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Been on this similar situation but my family do the reverse thing. We have a huge land property on a mountaintop and my family sold it for a very cheap price because no one is interested to take care or plant crops on it. After 5 years the lot area was used for government windmill project which becomes a tourist attraction in my province. The value of property nearby was insanely grow due to this new attraction because the mountain has a proper road already created by the government itself so nearby lots can be easily access by vehicles.

My family spend a lot of years just to sell but they just don’t sell it on the right time.
My family also chooses to live in the city renting apartment for quite long years now, even if we have a huge land property in our province. Since our property is also not developed, then we decided to sell it at a very low price, not knowing that it could cost tons of money if we waited for the right time to sell. However, my family never regret the decision after all as we also made used the money for some useful and profitable reason. But it also leaves me a lesson, to take advantage of the opportunity through buying a piece of land, because the value will definitely grow in time.
That is true. Not every bushy areas will develop fast. We might wait a whole life without seeing any development on that area, so it' not possible to adopt this as a guaranteed investment or strategy, unless we have as focus our future generations (our sons and grandsons).

One alternative is to purchase pieces of lands at brand new neighborhoods starting from zero. This way you have access to cheaper prices, while having the assurance of the short term structural goals for the area through the blueprints displayed by the contractor's company responsible for the project.

Or you can try to see ahead everyone else, predict what the promising regions of your country are for the next few years, and purchase a land there.
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