Is land the "new gold" for investors? What might this mean for woodland owners
by Angus, 29 December, 2011, 2 comments
The ongoing financial crisis was expected by many to push down the price of land but it seems that it has in fact pushed up land values. What appears to have happened is threefold:
people are getting such a low return on their cash that they feel land is a more attractive option
investors don't trust the banks and think of land as a "safe haven"
whilst many are suffering from the downturn there are many others with cash who are choosing to invest in land.
Land has been described as the "new gold" - a safe haven for wealth even if actual returns are low. This also seems to explain the buoyant residential property market in central London. Read more...
