posted on Oct, 14 2008 @ 11:41 PM
If there is less demand for land, prices will drop.
It depends on the area in which you want to purchase a parcel, but my guess is that for survival land, the demand right now is probably lower than
People have less disposable income, and therefore have less with which to make investments.
I'm just guessing but I am saying the prices are lower, although people could be doing what you're doing, in which case they could be higher.
I do know that home prices have plummeted because there is less demand for housing. The sellers must drop the price considerably to even have a chance
at attracting a buyer.