Forest Land Values Keep Growing

Money still grows on trees. Timberland, becoming a popular investment among institutions and wealthy folks a few years ago, has held up amid market massacres for most other assets lately. Through Sept. 30, the value of timberland rose 5%. When the National Council of Real Estate Investment Fiduciaries reports 2008's final quarter this week, this number is unlikely to move much. That marks a slower pace of growth, yet it is growth nonetheless. In 2007, timber appreciation was a towering 15%. By: Larry Light For: The Wall Street Journal. Link to original article
  
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