If a bypass will pass there, and the info is public, the land is sold at its future price, you will make a loss.
Umesoma io part ?.. he is basically insinuating one will pay a premium which equal to the price of the land when the bypass is built hence making a loss.
Nimesoma and what he says is true. If you buy any asset at its future price, you always make a loss. Hajakosea. My bro bought a plot 4 years ago at its future price. Saa hii iko kwa soko and the best price he has received is ile alibuy, meaning he bought the land in 2015, at 2019 prices. When you consider time value of money, he actually lost money. Ni concept ya accounting so maybe itakuchanganya kidogo usijali.
How do you buy/sell land without current valuation? Just because he got the same offer he bought the land for doesn’t mean the value of that land has not appreciated! Tuepuke ufala.
Have you ever bought any property (land) mzee bought land at less than 100k saa hii plot ni more than a million kama angenunua at a future price angekuwa amefanya kitu bure.
He edited the comment when told him stamp duty is calculated using the current/actual market price… what he is trying to advance is practically impossible.
Hii sio debate ya kama land is a bad or good investment. I am trying to explain the concept of “future value” or buying land at “future prices”. Kama mzee wako alinunua shamba akapata mirrions, that’s good for him. But chances are he bought at the current value at that time, not the future value.