Moneyweek article, The end of Britain, Economic collapse

[cryingfreeman]

(8 January 2013, 20:01)BDG Wrote: Never ever think land is going to go down in price. I will stand you anything that over any two year period, the cost of land will not fall - it is always going to increase, at least for mine and your lifetimes unless we are in such a situation where private contracts cannot be enforced.

Potatoes have had a bigger % increase than gold this last three months.

By which you mean farm land. Because development land does indeed fall in value - in NI it has fallen 90% plus from 2007, wiping out many investors and leaving the banks who lent them the cash on their knees.