20 miles west of Indianapolis Indiana | Jared8970 - 12/7/2025 08:02
Exactly, I’ve been working hard to save money and paid a lot of taxes to do it, just to watch land double. I’m 42, my generation hasn’t ever saw a benefit to save money. My classmates that built new homes with 100% financing look awesome on paper still paying 2.5% interest and paying back with inflated dollars, and the home values doubled. So is now the time to save or hurry up and buy land before it doubles again? I think it’s always time to buy because as long as the gov keeps the game goin, we all continue on like nothing is wrong.
Somewhat similar position. 41, I do own some land, but thought by the 10 year park of paying on the bigger one (just 60 acres, not hundreds), I’d be ready to bite off another. Well my equity position is great, but my cash is terrible for extra repayment capacity. I worked off farm for roughly 16 years. Farmed 500 acres. I got the opportunity to add rental land and went full time. Not doing terrible, but just not any meat left on the bone to stretch farther. Only 41, but hoped to own 300+ by the time I retire, which is well enough away, but 150 is looking hard to accomplish at current. I had a 401K at my first job and stopped contributing to it and feel like I may have messed up not trying to at least put a couple grand into it each year… probably should start that now but still hope to get some land sometime again. Tough to do both and have an affection for land… |
Farm economics from below
