Path: ccsf.homeunix.org!ccsf.homeunix.org!news1.wakwak.com!nf1.xephion.ne.jp!onion.ish.org!news.daionet.gr.jp!news.yamada.gr.jp!newsfeed.media.kyoto-u.ac.jp!headwall.stanford.edu!newsfeed.stanford.edu!sn-xit-02!sn-xit-10!sn-xit-01!sn-xit-06!sn-post-02!sn-post-01!supernews.com!news.supernews.com!not-for-mail From: Kevin Wayne Williams Newsgroups: fj.life.in-japan Subject: Re: How Japanese Wives Save Money Date: Thu, 13 Jan 2005 20:41:00 -0400 Organization: Posted via Supernews, http://www.supernews.com Message-ID: <10ue5921h3taff0@news.supernews.com> User-Agent: Mozilla/5.0 (Windows; U; Windows NT 5.1; en-US; rv:1.7) Gecko/20040616 X-Accept-Language: en-us, en, ja MIME-Version: 1.0 References: <1gqdg6p.pvf1x3w2pm80N%dame_zumari@yahoo.com> In-Reply-To: <1gqdg6p.pvf1x3w2pm80N%dame_zumari@yahoo.com> Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-Complaints-To: abuse@supernews.com Lines: 20 Xref: ccsf.homeunix.org fj.life.in-japan:24492 Louise Bremner wrote: > Mr. Smith wrote: > > >> >>You mean undeveloped land? I never understood the appeal, it is simple >>speculation with little or no other return than basic appreciation or lack >>of appreciation in its value. And there is little that you can control or >>influence to change its value. > > > That might be the appeal of undeveloped land--you just sit back and let > it appreciate (touch wood). As you said, developing it is a full-time > job, but even investing in rental property can take up time and money. I think part of it is the thrill of the pick. Trying to find that piece of land that just has to be the key parcel in a shopping mall or up-scale residential subdivision probably provides the same kind of thrill as gambling. KWW