IN555 - 1/16/2026 20:46 Why don't retirees sell hard when price gets too high? Because of the ability to pass it down after death without tax. This creates a market without a seller above market value. Again in general farming is about a lifestyle to most and the property becomes sentimental instead of an investment. Farming needs a major overhaul in order to fix the problems.
So what are you proposing? Doing away with stepped up basis so there isn’t an incentive to hold land until death?
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Another $15-$17 billion coming maybe
