Originally posted by Richard5
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Like I said, if someone is not emotionally attached to the land and willing to go anywhere for their next venture.... what's holding them back.
An investor bought right beside us after apparently flipping land in a different area. I think he is a bit late to the party here and won't see the parabolic growth on the chart he saw with his last venture. Personally all I think he can hope for is the tennant to continue to make the payments on his (down paymented) mortgage on the land and inflation to drag up its value up further.....if a correction doesn't reduce land values first.
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