SE Nebraska, Near Misery and Cans Ass! | thunderhut - 3/17/2016 11:17
farmland values are supported due to a lack of better investment alternatives. There is little competition for your friends investment dollar at the current time. If he could get 8% on his money at a bank, he might not be as excited about a 2% return on farmland.
Exactly the point. Banks have no need for money so they are paying no interest. Excess cash is looking for a home. |
A little American Motors on "Whats It Worth".
