The land is priceless. Over time, it has been traded and several revolutions due to land disputes have been caused. This means the land is acquired for various purposes and goals. The extrinsic advantage of its ownership is the prevalent justification for buying land. For different purposes, land is bought. These can include proximity, income (production and investment), and priorities that are self-centred. A dozen other purposes exist, such as merely settling in a new location or purchasing a first plot of land.Checkout Source for more info.
The transition of land ownership has enabled mobility for individuals. Selling a parcel of land and re-locating it to another area is fast. People do consider nearness close to convenience. The lower the proximity between the workplace and shops towards the home, the better the area is taken into account. The proximity factor saves time while travelling and also reduces stress from long boring journeys from home to work and back. This is a significant reason why families purchase land.
Purposes for Profits
Another famous explanation why people buy land is for manufacturing. Land is usually purchased in quantities by farmers and shareholders. By raising the number of acres owned, the farmer can concentrate on expanding its production. If agriculture is to be achieved on a large scale, a large portion of land is needed, the advantage of expanding output is lower cost per unit and higher profits as a consequence. The investors would also buy land. Similarly, they will be based on gains. A benefit that is gained either through the establishment of factories or other real estate ventures. When land appreciates in price, investors receive an enormous proportion of benefit. They also concentrate on income that can be produced, similar to the farmer, from the rent and planting of different crops.