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UK investments... Bank or bust?

Member
Feb 18, 2022
25
Occupation
DIY'er
I have heard of people buying land in the UK and sitting on it and then selling it a few years down the line for profit. I believe they let them sit as rental properties until the value of the house goes up enough. The issue is, most homes in the UK are VERY expensive to own when you want a stand-a-lone house similar to the ones you find all over America. I just don't see how this is going to bring you in good money.
 
Member
May 26, 2022
25
Occupation
Contractor
Property in the UK is substantially higher than in the US in terms of cost per land space as well as location and building structure. You are right about that. Land without anything done to it should be cheaper but that is not always the case.
 
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