- October 20, 2010
- Ayda Shabanzadeh
Many investors think that they need to invest in land to make a return. The truth is, a block of land 40kms from the city won’t provide nearly the same return in capital growth or rental income as an inner-city apartment. Land closer to the city is generally more expensive to buy and harder to fund. It maybe smarter to buy and hold a more affordable inner city apartment and use the capital growth to leverage for a future, more desirable, house or land purchase.