Posted 1/8/2008 11:57 (#278658 - in reply to #278652) Subject: Re: ??? about farmland
NE CO
I don't mean to be trite, but the current price that land is trading is the consensus of buyers and sellers of its worth. Buyers and sellers will argue that the price should be higher or lower, but the marketplace is the final price discovery mechanism. A year from now, we may look back and say it was wrong, but for the time being it is 'right'.