If you have agricultural land would you sell it or hold it ?
I agree with the others as well, it is better to hold it, just think about it if things go back to normal and the price of land begins to go up again then you could sell that land in the future for a good profit, but if things get worse from now on at least you have land where you could grow your own food, which is really important if things get really ugly, all in all the only downside to holding that piece of land is that you could suffer an opportunity cost by not using the money from the sale to invest in something like bitcoin. 
Topic: If you have agricultural land would you sell it or hold it ? - page 4. (Read 978 times)
Land value is appreciating because land will be scarce in the next few century. Its one of the best asset to hold, aside from its rising value no one can steal it from you except for the land title of course. If I have the money now, I will accumulate land to put up a house for my family and will engage to farming and livestock business too.
If you have agricultural land would you sell it or hold it ?
HOLD!
If you can hold it for 2+ years then it should do pretty well. If other industries fail then you still have something for yourself providing you have the money to use it (if that's your intention).
Now probably isn't a good time to sell and it'll probably be best to sell when the markets are back to being booming and have been for a while...
If you can hold it for 2+ years then it should do pretty well. If other industries fail then you still have something for yourself providing you have the money to use it (if that's your intention).
Now probably isn't a good time to sell and it'll probably be best to sell when the markets are back to being booming and have been for a while...
I’ll agree with @jackg suggestions as this is not a good time to sell your land, and even if you do try to sell it now then people will only try to buy it at a cheaper price, and you’ll loose out on making a good income from your land sale. Further I feel that you should hodl this land for at least 3 - 5 years as the current global economic conditions are bad, and you should only consider selling your land in the short term if you’re getting a surreal profitable deal otherwise don’t bother selling for now.
Sources:
https://www.irishtimes.com/business/economy/global-economic-outlook-still-worsening-says-imf-1.4251824
https://theconversation.com/how-will-coronavirus-affect-property-prices-133761
HOLD!
If you can hold it for 2+ years then it should do pretty well. If other industries fail then you still have something for yourself providing you have the money to use it (if that's your intention).
Now probably isn't a good time to sell and it'll probably be best to sell when the markets are back to being booming and have been for a while...
If you can hold it for 2+ years then it should do pretty well. If other industries fail then you still have something for yourself providing you have the money to use it (if that's your intention).
Now probably isn't a good time to sell and it'll probably be best to sell when the markets are back to being booming and have been for a while...
If you have agricultural land would you sell it or hold it ?
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