Mr. Smith <spamtrap@mrsmith.com> wrote:

> "Ryan Ginstrom" <ryan@ginstrom.com> wrote in message 
> news:cs50m6$u6s$1@nnrp.gol.com...
> > One form of investment she thinks is worth it is land, and despite the
> > crash
> > in land values in the 90s, enough fellow Japanese seem to share her
> > opinion
> > that she is probably right.
> >
> 
> 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. Developing land is a full-time job, so
> usually not an option for a part-time investor. How about investment in
> small apartment houses, renting to residential or commercial tenants? This
> is more fun, esp. if you are good at fixing things,  and can produce a
> good return even if the underlying value of the land and property do not
> increase (and you still get some investment in land, although it will be
> smaller).

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.

________________________________________________________________________
                   Louise Bremner (log at gol dot com)
   If you want a reply by e-mail, don't write to my Yahoo address!