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land values if/when America economy defaults/crisis
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jd8850
Posted 5/6/2024 05:50 (#10730329 - in reply to #10729828)
Subject: RE: land values if/when America economy defaults/crisis


Roseglen, North Dakota
A lot of dumb farners/investors out there if it's only worth what it will produce.
The last time it sold for that amount was the late 30s and after World War II
I wonder how many trillions of dollars of farmland has sold for more than it will produce.
A lot. Perhaps all of it.
Land purchases have always been subsidized by:
Other income/jobs
Paid for land
Rented land
Cash money.
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