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Real estate
Investing in lands in the rural area
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[QUOTE="Rachael, post: 216418, member: 68963"] Investing in lands in the rural areas has both advantages and disadvantages. Lands in the rural areas would be cheap and you could have access to large portions of land but there are also certain challenges that might not bring a good overturn if you decide to resale the land. Lands purchased in interior rural areas to me does not seem like a profitable venture and I would not recommend it to anyone. Although lands are appreciating in nature and does not dwindle or decline easily but there are some regions where lands are purchased and there will be little or no profits. It is better to purchase them in sub-rural areas where development is ongoing or would likely occur and has access to some infrastructure. Where I reside, there are challenges in rural areas and this has made the purchase of lands in those areas to become a thing of the past. The high rate of environmental pollution and insecurity issues has made land purchase unprofitable and has made habitation impossible. Before purchasing a land in rural areas, you should not only consider the cheap cost but you put into consideration where the land is situated and how well the land could be utilized whereby it can yield good returns. [/QUOTE]
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