People buy raw land for many different reasons. Some people for speculation, and others buy it for retirement investment. In other words, people buy land because they believe it will appreciate in the future, as a hedge against inflation, or to make a quick profit when they sell it. However, there are also people who buy land to later develop it, and in that case some of the first human changes they will make besides laying underground pipes, would be to use concrete to put in permanent improvements.
The cost of concrete has steadily increased over the years, and many environmentalists are upset because it takes a lot of CO2 to create concrete. These days, everyone wants to reduce their carbon footprint, and that causes a little bit of stir in the real estate development community. However, there may be a solution which will help developers feel good about themselves, protect the environment, and use less concrete.
In fact, there was a very interesting article posted on Psysorg (dot) com recently titled; “Greener Cement Offers Concrete Environmental Benefits” on December 3, 2010 written by Devin Powers. Apparently, researchers have discovered a new formula to make concrete which takes much less and is stronger using some tricks of chemistry. There may be some issues with longevity, which have to still be tested, but the new molecular blend looks promising and thus, could really help the environment.
It would make sense as these new methods of creating concrete by changing the structure at the molecular level were proven, and once these new methods prove to be reliable and long-lasting, it could very well change the way America builds. If you are buying raw land, and you plan on developing it in the future, indeed I’d like you to please consider all this. If you have further comments or questions, feel free to e-mail me, as it is a topic of interest.