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Kubs Den “ INSANITY OF PAYING 7% ON AN ASSET (FARMLAND) THAT ONLY EARNS 2%”
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mjl
Posted 11/16/2023 08:30 (#10484101 - in reply to #10484070)
Subject: RE: Kubs Den “ INSANITY OF PAYING 7% ON AN ASSET (FARMLAND) THAT ONLY EARNS 2%”


Minnesota
tmrand - 11/16/2023 08:12

While what you say is true...........you also have to realize that all occurred 40 to 50 years ago. Most of the folks involved in that are now retired or dead. Just how long is a guy supposed to sit around and wait for calamity to strike so they can capitalize on it?


what happened 50 years before the 80's? farmers couldn't pay the property tax, mine are going up 51% again next year, if land keeps inflating at this pace, I hate to see what it will be, this money being worthless isn't sustainable. not predicting anything, it can go 2 ways, but neither are good, imo

Sorry, I just got my prop tax proposal so just ranting a little lol ......you lower property tax states should count your blessings.
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