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Roseglen, North Dakota | Excuse me? Till the payment comes due at 7% and the old 1 1/2% ROI cliche?
Do you really think anyone who buys land at ANY price hasn't calculated his payment until its time to make it?
Do you really think they're buying land for a ROI?
They're paying those prices because:
They have most/all of the cash
They have a lot of other land paid for to supplement the purchase.
It's really that simple in the majority of the purchases. | |
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Land prices not coming down in Sioux County
