Investing in land in the Binghamton area may or may not be a good idea. It all depends on what type of land you are looking into buying, where it is located and if there is an existing oil and gas lease on the property. Although drilling has not started yet in the Binghamton area, at this time, landmen are out and offering hefty per acre amounts and royalties on land that they expect may be drilled on or may be drilled under. If you are able to find land that may possibly be of interest to the oil/gas companies, then the investment may provide substantial returns.

HORRIBLE IDEA......binghamton economy is heading into another recession