Posted 11/9/2012 07:26 (#2687224) Subject: Lamborghini Land
Buying a farm today is a lot like buying a Lamborghini.
For many it is not a necessity as much as something they want. It seems to me that many are going to auctions to be the talk of the community for how much they paid. Sounds a lot like irrational exuberance and/or ego buying in lieu of making sound business decisions. Hope that works out better than those buying houses at ever increasing values a few years ago.