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NEARLYIDEAI
Historically speaking, real estate as a tangible or real asset, has bfeen nearly the ideal investment. During periods of inflation, real estate’s value has increased at a faster pace than the gen.eral price rise. By the same token, in times of depression real estate has maintained a higher value than most assets as declining prices set in.
Recently, the FHA completed a survey that revealed what real estate investors have known for a long time: land values are constantly rising and have been for many years. The figures released by FHA showed that, in the 20year period studied, the average price of raw land increased 40 times its original costs.
95.9%