Buying Land

You cannot buy land at its future price, and term it as an investment, or claim its for speculation.

If a bypass will pass there, and the info is public, the land is sold at its future price, you will make a loss.

when buying land for speculation, nobody should have information on anything planned for the area.

when buying land for speculation, people should think you are crazy,

Buy land at its “Future price”… Boss enda home umelewa. This doesn’t make any sense.

tulia, future price= at a premium, rudi class

Not in your context… you have basically said one is buying the land at the price of what it will be worth when all the infrastructure is done.

It makes total sense. Sema ni wewe huelewi what the future value of anything means. Soma accounting, meffi.

Nugu! Enda ukanunuliwe pombe before ulete kiherehere yako apa.

Kiherehere ni yako mason kujifanya mjuaji. Kama hujui “future value” ni nini uliza uambiwe not resorting to cheap insults.

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Nikekwama hapo at buying at a future price, mzee bought land way back early 80s kwa kichaka saa hii plot ni millions.

Chura na tambua pekee ni ile iko na kofia ikienda bash.

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.

D- hauwezi elewa Kile anasema…

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.

Not possible ukienda kulipia stamp duty the it calculated using the current value of the land not the “future price”.

Soma comment nime-edit. Kama hutaelewa your situation is hopeless. Simply put, @Randy kununua plot at future price ni kugongwa bei.

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.

Would we be wrong to call your bro a retard?

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.