Re: UK Land Investments ?
A brief of the sales pitch goes like this:
UK Population is set to increase by 4.4 million to 65 million by 2016
By 2028 there will be a shortfall of 40 million homes in the UK.
The price of land in the UK(with planning permission ) has grown at a rate towards 1000% since 1983.
2,400 acres of Green Belt lad in UK is being built every year.
Hence buy green belt land now and wait for price to increase or hit the jackpot once you get the planning permission.
I guess the catch is that you have to wait for the planning permission. If it is true that the Green Belt is being built upon and that planning permission are been given on Green belt land that all this holds up.
Comments of UK residents and people aware of this would be helpful?