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| Imagine the world in 2020. What will a dollar purchase? What will be the productivity of the land? What new dimensions of value will exist for the space above and below the surface ?
Rarely are the price relationships required to justify the purchase present at the time of sale. Land buyer's tend to be optimistic and forward looking. Having said that, a significant setback seems inevitable at some point. How long is your planning horizon and how much can you afford to lose? | |
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