Re: Land Banking
Sure - we've covered the various scams associated with this.
Land useless for development being parcelled up for "investment"on the promise that the value of the land will increase once bought by developers, and hence delivering "big returns".
Unfortunately, the land being sold would never get planning permission, due to serious flood risk, for example, or else because it's part of a green belt area where planning permission would almost certainly be refused.
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