With a lot of people on this thread agreeing that the 'green shoots' will be emerging in the next few years something i have been seriously looking into is land as an investment. We are all aware of the housing shortage this country has, George Osbourne declared in his spending review on wednesday that 150,000 homes will be built in the UK by 2014. He also stated that the spending review would make it simpler to get permission to build new homes. I have seen that there are a number of shady land investment companies out there, but having looked into it there are also just as many reputable business' that are making lots of money investing in land in areas that are under massive pressure to develop. What are other peoples opinion on this sort of investment, it is something i think would be a great investment as we are coming out of the reccession. Land prices are still 40% below their peak in 2007. Surely the only way to go is up.