Land Vs Buildings
- Thread starter James1977
- Start date
Hi James,
This is some truth in this statement, but not necessarily always. One thing to consider though when investing is that houses attract an income through rent which helps offset you costs, whereas land only does not. So although it may be the land that may appreciate, you need the right building to make it a good investment!
Cheers
This is some truth in this statement, but not necessarily always. One thing to consider though when investing is that houses attract an income through rent which helps offset you costs, whereas land only does not. So although it may be the land that may appreciate, you need the right building to make it a good investment!
Cheers
"in MHO" (often "IMHO") is "In my Humble Opinion".
Do a google on "IMHO TLA ROFL"
(TLA = three Letter Acronym, ROFL = Roll On the Floor Laughing).
Here's one site:
http://www.omnicron.com/~fluzby/sister-share/acronyms.htm
There's plenty out there.
DHA is Defence Housing Australia
LVR is best explained here -
http://www.somersoft.com/forums/showthread.php?s=&threadid=5491&highlight=lvr*
bundy
As also asked in http://www.somersoft.com/forums/showthread.php?postid=44100#post44100
It's like deja vu all over again!
Steve Navra makes the good point that buildings "seem" to rise in value because of inflation which increases the replacement cost of the building. A well maintained building will cost more to replace from year to year, so it is rising in value in principle, but it is not necessarily achieving "true" growth because its growth is not necessarily outstripping inflation.
