Reply To: Drop Em’

#78316
Anonymous
Participant
jwc wrote:
Land prices all over Europe in the last two or three years have at least doubled so the price of plots are not going to come down(remember the cost of the plot is a least half the cost of the property)

Who told you they are not coming down??

In Florida land prices in 2008 are in some places 1/5 to 1/4 of their 2005 prices (a 75% reduction).
Same in Arizona, California, Colorado in 2008.

I am even following some Spanish sites with land prices and they have come down by 20% in the last 3 months.

So yes, the price of plots DO come down and comes down hard.