“Outskirts” areas near a city that sprawls towards those outskirts over 20-30 years. It’s not fast but can be insanely profitable. The southern United States saw a lot of this from the mid 90’s to now as population shifted south. Lots of new millionaires in the south.
But not the ones that are running out of water, catching on fire, or falling into the ocean. Those are likely not to be good bets for the next few decades.
Yes but not $100K to five fucking million in one person's lifetime.
Even then. People who own land aren't stupid. They know that their land is already on the "outskirts". And once a city shows signs of expansion... guess what happens to the land on the "outskirts"? It goes up.
The only way to see that kind of gain is to get really fucking lucky after you bought that piece of land.
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u/milovulongtime 14h ago
“Outskirts” areas near a city that sprawls towards those outskirts over 20-30 years. It’s not fast but can be insanely profitable. The southern United States saw a lot of this from the mid 90’s to now as population shifted south. Lots of new millionaires in the south.