Why Buy Land - Scala Land Group
“Buy land,” said American author Mark Twain, “they’re not making it any more.” Mark Twain was not the only famous person to offer those interested in investing in land such good advice.
English novelist Anthony Trollope said “It is a comfortable feeling to know that you stand on your own ground. Land is about the only thing that can’t fly away.” Meanwhile economist John Stuart Mill commented “Landlords grow rich in their sleep.” American retail giant Marshal Field noted that “Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.”
Taking a similar view American business executive Louis Glickman said simply and succinctly “The best investment on Earth is earth.” His President, Theodore Roosevelt, remarked “Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth.”
Another Roosevelt, Franklin D, said “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
The Appeal of Land Investment
Winston Churchill summed up the appeal of investing in land with the statement “Land monopoly is not only monopoly, but it is by far the greatest of monopolies; it is a perpetual monopoly, and it is the mother of all other forms of monopoly.”
In the face of such overwhelming advice any investor should at least consider adding land to their portfolio. But buying land is not easy. It tends to be sold in large quantities, by the field or even the farm full. For the smaller investor buying, and subsequently managing, a major parcel of land is often too big a step to take, especially as part of a diversified portfolio.
That’s why Scala was established. We examine carefully land that is offered for sale, measuring it against our own carefully-designed criteria to asses its value and its potential for good capital growth.
We look for greenfield land on the edge of towns and villages where there is pressure for more housing, and we asses the chances that such land can be rezoned for residential use in local development plans.
When we find land that meets our specification we buy it, retain some and offer the rest to our clients.
Tel: 020 7965 4747
