- Location
- God's side of the border.
And escapes inheritance tax, most comments I read in the financial press have people recommending farm land instead of gold.Not so certain about that return. Nearly twenty years ago I bought my brother and sister out of their future inheritance at market value. That one's done me alright. The land 8 years ago is a slower burner but it's moved a bit again now.
In 1974 gold was 200 dollars an ounce and is now 1800 a 9 times increase.
In 1974 the land price was around 500 an acre on the savills graph and is now over 8000 so a 16 fold increase. Plus unlike gold it also gets an annual dividend in Rent.
Not many asset classes will have performed as well.