|
| bob123 - 10/28/2026 20:15
The biggest farm in our area started as a decently large family farm, then leveraged to the max right before land prices rose exponentially, which left them with alot of equity that they could roll into even more leverage. So alot was timing, but also they were paying prices that everyone thought were "crazy", but 3 years later seemed cheap.
And in the early 80's many of those kind ended up in a different line of work, it is all timing, and it could happen again at some point. | |
|
|