Real Estate Weekly, August 28, 1998
We have asked Rudy Nielsen, of Niho Land and Cattle Company, the largest owner of recreational land in British Columbia, to report on why and how investors should consider rural acreage. This is Nielsen’s report:
In 1982 our family changed its focus from small town, commercial investments to recreational land, where there is less risk and a better return.
Sales of all unimproved rural properties in BC rose dramatically from 1989 to 1995.