Why you should consider purchasing land?

A surver recently reported that Land prices have risen 762% over the last 20 years.

It also state that there are strong reasons to own land; these include:

"There are no complicated concepts that investors need to understand with land, just that there is an ever-increasing demand for building and for sale and a restricted supply of plots for sale."

The advantages are:

1. Land is real.
2. Unlike shares land is tangible - it can be visited, seen and walked on.
3. There is a limited supply of land.
4. It is easy to understand and seen as a solid investment.
5. Land is not open to accounting scandals and it is clear when property prices are going up (or down) and the reason for this movement.
6. It is a cheap way to invest in property