It may not always be possible to develop on rented land, but it is often possible to rent land suitable for development while a buyer is sought. Rates for this type of land tend to be low, making it a cheap option when you need more space, and temporary structures can usually be erected with few difficulties. Renting can also be a good way to keep hold of a piece of real estatewhile deciding what to do with it, with a view to making a purchase at a later date.