Business Baron

Buy Land, They Said

Buy Land, They Said. A housebuilder in Reading in January 1988. Prices have gone up a third in a year, the bank will lend against anything, and every plot you…

Nothing can go wrong. For about two years.

A housebuilder in Reading in January 1988. Prices have gone up a third in a year, the bank will lend against anything, and every plot you can option is worth more by the time you have signed. Base rate is seven and a half per cent. In two years it will be fifteen.

Starts
January 1988
Length
three years
Difficulty
Hard
Scored on
Reach £1,500,000 of personal net worth
Business
Housebuilder

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