In line with our blog on the law of supply and demand, we would like to share with you some statistics on world population growth from the United Nations Population Division. These numbers astounded us and I’m sure they will surprise you as well.
World population reached:
- 1 billion in 1804
- 2 billion in 1927
- 3 billion in 1960 (123 years later)
- 4 billion in 1974 (14 years later)
- 5 billion in 1987 (13 years later)
- 6 billion in 1999 (12 years later)
World population may reach:
- 7 billion in 2013 (14 years later)
- 8 billion in 2028 (15 years later)
- 9 billion in 2054 (26 years later)
And although no one is certain what will happen in the future, it is expected that the world population will eventually stabilize at a little over 10 billion after 2200. WOW! Can you imagine the traffic jams then? We may be living on a space station or another planet by 2200, but no one really knows for sure right now. What we do know is that we will still be on Earth for the short term and the population will continue to grow.
Take the Portland, Oregon metropolitan-area population for example. It has grown by 42% in the past two decades and 8% of that growth was only in 5 years. Projections say the metro population may grow by another million people in 2030 and then it will even double to 3.85 million by 2060! And Portland is nowhere near the size of cities like Seattle, Los Angeles, Houston, Detroit, or New York. The world’s cities are growing by 1 million people a week! These soaring populations are driving up demand and overwhelming current systems.
How does this relate to land, you ask? Well, each person will need a place and resources to live. Cities will expand outward and condense inward. Each plot of land will eventually be used for something, whether it is for a home, store, recreation, community garden or solar or wind energy to power our lives. If you own your own parcel of land now (or can get one soon), you will have the peace of mind that it is yours and yours alone. Or you may be offered quite a bit more money for it than you paid for as it becomes more in demand. One thing is certain; land will never go down in value. It is truly the best investment on Earth!
Add Comment