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Kubs Den “ INSANITY OF PAYING 7% ON AN ASSET (FARMLAND) THAT ONLY EARNS 2%”
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Kooiker
Posted 11/18/2023 08:35 (#10486756 - in reply to #10486725)
Subject: RE: A couple things not considered



Oliver1 - 11/18/2023 08:19 Had ground that bought in 1978 took till 1993 to get back to 1978 level.
It took 20+ years here. Local family bought ground in Spring 81 for 3400. Dropped as low as 1100 in mid 80's. Finally back to 3400 in 2003. But this time it's different.




Yep

20 years is a long time to try to tread water with a dead weight tied to your ankles.     Buuuut you're right, it's different this time, that will neeever happen again.


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