I think you should buy as much off grid land as possible! The real estate market is not a bubble like most people think it is, and I don’t think it’s going to burst anytime soon. I think property values will continue to increase at this same rate or perhaps even higher over the coming 5-10 years. In this writers opinion the price on vacant land is about to skyrocket as the “New Economy” kicks in. What is the ‘new economy’, and why is that important? Here is Investopedia’s definition. It’s more of a catch phrase than an actual tangible thing, but the economic affects on the real estate market (as well as other markets) are as real as it gets.
What Is the New Economy?
“New economy is a buzzword to describe new, high-growth industries that are on the cutting edge of technology and are believed to be the driving force of economic growth and productivity. A new economy was first declared in the late 1990s as hi-tech tools, particularly the Internet and increasingly powerful computers, made their way into the consumer and business marketplace. The new economy was seen as a shift from a manufacturing and commodity-based economy to one that used technology to create new products and services at a rate that the traditional manufacturing economy could not match.” SOURCE: Investopedia – What Is the New Economy?
Technology Drives Markets & Emerging Markets
Vacant land is at a premium and will continue to go up in value for multiple reasons in my opinion due to just a few very important technological, social, and cultural factors. Below are what I believe to be the driving forces in the new market economy which will make vacant land, even remote land go up in price more over the next 5-10 years than it has ever in the history of the real estate market.
That’s a huge statement and claim to make, and I want to reiterate that this is only my ignorant opinion. This is NOT investment advice. I am not trying to sell you anything. This is simply what I think is going to happen over the coming 5-10 years in the real estate market as some key new technologies are rolled out and these technologies are adopted by main stream consumers.
Below is a list of factors I think that will drive the market for vacant land crazy over the coming decade.
New Technology
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- High Speed Satellite Internet – Namely Starlink. There are others but Starlink is the dominant technology (look at what they’re doing in Ukraine right now)
- Blockchain – Blockchain technology is the backbone of the new electronic economy online and is what cryptocurrency is built on.
- Cryptocurrency – Cryptocurrency, or “crypto” for those in the DeFi (decentralized finance) space, will change how people invest and purchase goods and services online
- Instant access to money and information from anywhere in the world with your phone
- Always-On Internet Connection – This is great for small business and entrepreneurs, startups, and the small vendors, artists, craftspeople of all kind of trades
- New shipping technologies including automated delivery vehicles, and even drone delivery
- New transport technologies that allow people to get around without even owning a vehicle
- The list of new tech goes on and on, but the ones I listed above are the ones I believe will be the driving force behind a massive run on vacant land over the coming decade
New Work Environment
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- Automation of many labor and office jobs
- No more need to commute for hours per day just to drive into the office
- Work from home becomes more accessible to billions of people
New Remote Jobs
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- More remote jobs than ever before in the history of humankind will change how and WHERE we work from
- Hundreds of industries will shift to a remote workforce
- Millions of new remote jobs will be available for people all over the world no matter where you live
Societal & Cultural Change
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- More people will be moving out of the city as they shift from office jobs
- Automation with take a lot of jobs, but even more remote jobs will become available for more people
- More people will make larger purchases online
- Instant bank transfers, wires, and direct deposit payroll will change how people
- People’s buying habits will change as their needs change
- Less commuting back and forth to the office
And That in Turn Creates Opportunity & Scarcity Based on Supply and Demand of Vacant Land
All this will put pressure on the real estate market as people realize that you do not need to live in the city anymore to make a living. Most people live in or near the city because that’s where the jobs are. Once automation kicks in and many labor and office jobs disappear, more remote work from home jobs will take their place in new emerging markets.
New online marketplaces will become available for people with small businesses. You can sell your products and services to anyone in the world FROM anywhere in the world with satellite internet. You won’t need ot be anywhere near the city to make a living. You will never have to even leave your own home.
UPS, FedEx, USPS, DHL, DoorDash, Uber Eats, and other services will become more readily available in more remote areas as more people move from city life to country life.
The Is Going To Be A Mass Exodus Of People From Cities Into The Country
That may sound scary at first, but it was bound to happen sometime. Urban sprawl and all. But I think Urban sprawl is a non-starter once satellite internet comes online globally and once new crypto currency volatility level out over the coming decade as the technology is adopted by the main stream. Billions of people all over the world will be able to sell their wares to anyone in the world instantly and with the new transport and shipping technologies this makes things a lot easier for everyone involved.
More people are going to realize they don’t have to wait until retirement in 20-30 years to move to the country. Let’s face it. Most people in the Western world have a dream of saving up enough retirement to move to the country and live a nice quiet peaceful life.
Do you see what I’m saying. As more people start using the new economy and all these new services and working all these new remote jobs, the economy will still keep plugging along and the market will do what the market does.
The law of Supply & Demand kicks in
Vacant land prices are going up. They’ve steadily been going up already over the past decade. Trust me, I know, I’ve been watching very closely in my plans to move off grid. I know how much prices have skyrocketed as people are buying up huge chunks of vacant land.
Like I said above. I’m not trying to sell you anything nor am I trying to scare you into buying land or changing your lifestyle. This is just my opinion of what I think is going to happen and I’m usually right about these things.
There are pros and cons to everything. I can hear a lot of you thinking “But too many people will be moving to the country”. Maybe. Perhaps. Yes, that is highly probable. So buy land FAR FAR AWAY from anywhere if you want absolute seclusion and privacy. If you’re the kind of person who likes their privacy and doesn’t want a bunch of people running around the neighborhood, then move to the most remote land you can find; but be prepared, it’s going to be a while before any kind of services are out there, an you’re going to need to know how to live off the grid. Which is what this website is all about.
This is just something that’s been on my mind for a while and I wanted to write it down for the record. This is where I see things going.
I see more and more people realizing they can work from home selling their products and services, arts and crafts, day trading, even working in billing, accounting, just about any office job you can think of is possible from the comfort of your own home from anywhere in the world. As soon as the mainstream realizes this fact the Great Land Rush will be on. It might already be happening as we speak.
Buy Off Grid Land Now Before It’s Too Late!
If you’ve been dragging your feet, and have done your homework, and due diligence, then go ahead and go buy that land while you can, if you can. Like I said before. I am not an investment advisor nor am I giving you investment advice. I’m telling you what I think is going to happen. (I have to say this for legal reasons; and because it’s true).
Here’s what I will do though. I will be buying as much vacant land as I possibly can! That’s what I’m going to do. I’m not waiting for prices to go up. I’m not waiting for people to figure it out. They will. Eventually.
In the meantime I’m working on my own off grid dream. To do that I’m going to need a large parcel of off grid land with all the right stuff on it to build my off grid cabin and run my off grid homestead while I work my remote job, connected to satellite internet, generating my own water and power from the sun and wind, growing my own food on my own land, and raising the livestock I need for food to feed my family.
If your off grid dream consists of building your own cabin on your own off grid land then you seriously need to consider the massive changes to society that are about to happen as we move into the 21st century.
This is 21st century off grid living.
To live it you’re going to need off grid land to live your off grid dream!
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DISCLAIMER: This is not investment advice. I do not claim to be an expert in real estate or investing or even if know what I’m talking about. Do NOT make your land purchase decision based on a blog post you read online. Anyone can write anything they want. This is just my opinion. I could be wrong. I could be right. It doesn’t matter. This is NOT investment advice.
