Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
deisik
on 31/05/2015, 14:58:15 UTC
A story of someone who bought a piece of land and refused to give it up (actually sell for almost 6x higher than the original price)...

I think some of them will sell it like 6 times or may be higher but that is only one of a kind. There are not many people that wanna sell their own land if they have not been forced so this kind of people is rare

Such people don't buy land for the sake of investment in the first place, so they are essentially out of the question as well as those who inherit it (the latter being the only ones who can rightfully call it "their own", I guess)...

And you are factually wrong. That guy was the only one who refused to sell, his neighbors all sold their land, given the price offered (that turned out to be a wise decision)