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Land and Home Prices Ahead?
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pat-michigan
Posted 5/5/2025 08:16 (#11214425 - in reply to #11214099)
Subject: RE: Bought a quarter in 1981.. 4 years later worth $0.65


UP / Thumb of Michigan
JonSCKs - 5/4/2025 22:48

ez4020 - 5/4/2025 14:11

When was the last time land fell 20% yoy?


We bought an irrigated quarter in 1981.. Four years later the bank made us write it down to $0.65 on the dollar.

So.. Yal.. it can go down.. Alot.. in short order.  

Especially if interest rates take off. 



You bet. Happened here. Its maybe a once in a lifetime event. Or not.
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