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What would you have to see to be a land buyer now?
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IN555
Posted 2/21/2016 17:37 (#5127255 - in reply to #5125672)
Subject: RE: What would you have to see to be a land buyer now?


NW Indiana
Land typical goes for 12-14x earnings in my area. Has been below 10 in mid 80s and above 20 a few years ago. It would take a normalization of the multiple during a lower earnings period in order for me to buy.
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