A very common mistake. Often people buy a plot of land, and only after several years begin to build something on it
boutiquehomeplans.com. This strategy was justified, to some extent, a few years ago, when land prices were skyrocketing, and people did not have time to think about what they were buying. But still. You are purchasing a plot of land to build a house! As an investment, without the additional financial outlay, it is useless. Recent economic events have demonstrated this clearly. It is easier to put that amount on deposit and wait until you are mature enough to build a house.
