Amherst WI | Little papa - 11/21/2025 05:57
Drop land 50% and that will be enough to drop the pants on most bankers. Then you’ll see another 50% of that price because there won’t be many buyers. Just add 15-18% interest to that. I’ll never see it but we are headed to a time when land will only be in the hands of a few. Then gov will step in and end the monopoly because food prices will not be cheap anymore.
Dropping land price 50% wouldn’t have the impact you think it would unless their borrowers have been incredibly stupid with their borrowing.
Good lord, land has probably gained 30% value in the last 5 years here and if you were borrowing against that as fast as it went it up deserve what you have coming.
Besides, nobody on Agtalk borrows money anyway |
What is the way forward?
