Hiding your money in land is a trend we are beginning to see. It is often said that people with money, people who have worked hard and made wise investments know how to protect their money.
We're beginning to see a trend here in Ocala Florida that is quite interesting, the wisdom of this move remains to be seen. Currently, there are only a few hundred lots available under $5000 but quietly investors are purchasing these lots at such low prices that it boggles the mind.
It's hard to imagine that just a few short years ago these same lots now selling for $1000-$5000 were selling for $45,000 to $60,000.
Investors, those who prefer to retain their wealth are choosing to risk their money on the possibility of land returning revenue down the road than allowing Uncle Sam to squander their hard earned money on foolishness.
This is a hide and watch situation for curiosity seekers and an interesting proposition for those who need to protect their money, only time will tell if this is the wisdom of the day that will return a profit and protect their money for years to come.
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