Posted 11/16/2023 06:27 (#10483872 - in reply to #10483861) Subject: RE: Kubs Den “ INSANITY OF PAYING 7% ON AN ASSET (FARMLAND) THAT ONLY EARNS 2%”
20 miles west of Indianapolis Indiana
At this inflation level, you about can’t save fast enough for a sizable DP or cash. That’s the real issue for younger farmers even more than the cost IMO. Land is such a usable/versatile, and truely valuable asset that it’s really never going to cash flow at the time, it’ll have to be realize in gain later on. But the recent run ups are just so quick that a young guy can’t save fast enough it seems (at least to me, and I may not be “young” anymore)
Kubs Den “ INSANITY OF PAYING 7% ON AN ASSET (FARMLAND) THAT ONLY EARNS 2%”
