| Boone & Crockett - 5/5/2024 10:00 I’m not gonna deny this market has fooled my calculator pretty badly, particularly the last 5 years. And it was chiefly because of the ultra low interest rates as much of a factor as good prices. But prices weren’t always sensational in that timeframe either. But interest rates were. I personally believe those levels will not be seen again. These interest rates are affecting everybody big time
Low interest rates and govt spending/inflation drove most of the last run up in land prices. Grain prices were a factor as well but not the main driver.
Low interest is gone, unfortunately govt spending and inflation are likely here to stay. Could get interesting with lower grain prices. |
Response to Boone And Crocket's Land bulls
