| tmrand - 5/5/2024 12:38 But a 5% return with today's real world inflation rates isn't all that great either. Regardless of how simple it is to pull off. I don't know that it supports land prices that are too high............but I can certainly also see why some would rather put their money into hard assets...........when cash has today's rapidly declining value.
But the ROI on the land is even worse (than the CD vs inflation) unless you’re counting on appreciation.
Which brings up the question, how do you appreciate/inflate the land bubble even more when the underlying economics of the land are terrible? It’s hard to ignore gravity forever.
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Response to Boone And Crocket's Land bulls
