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deep SW On. | ---theoretically it should not be a calculation but miss a few principle payments and a 10 - 20% drop in land prices and you will find out what happens....for old talk when taking a advanced farm management course in 1980 prof. said just interest and taxes is all that needs to be made ...even add a 5-10 inflation figure on land each year for increased value.....prof, followed his own advice and went belly up...later turns out at least 1/2 teachers in farm economics are bankrupt former farmers | |
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land auction
