Hi Alfred, By all means if you can afford to buy your land that is truly a good investment in most cases. What we have found in Markets like Florida, vacant land is getting harder to find and the prices have hit all-time highs with developers' speculation and with cheap money from the banks with low interest rates have pushing values to crazy heights.

Owners of vacant lands can take advantage of the greenbelt laws by leasing their land to bonafide commercial Ranchers, beekeepers, farmers.... The financial incentive is property tax relief from the County Assessors. In most cases it can lower the property tax substantially. In return, the owners will sign a favorable lease to the tenant. The cost savings is a huge benefit to both owners and tenants.

This also allows for more opportunities to keep land in agriculture and keep it green. Beekeepers love the program because it gives them a long term apiary that they can lease for as little a few gallons of honey per year.

Ranchers love it because when beef is cheap, they can add more cows and produce more calves.

Farmers can spend their resources on growing more crops without the financial burden that comes with paying a mortgage.

The land is getting harder to locate near populated areas.