Posted 9/11/2014 21:25 (#4069731 - in reply to #4069556) Subject: RE: When or maybe never will land drop off a cliff
Somewhere in the Delta
Let's see. TIAA-CREF has plans to buy $1 billion dollars of US farmland. They manage $700 billion in total funds. Yeah, they are going to bail on 1.5 percent of their assets because it gets a little tough (sarcasm). I bet that if land prices retreat they may double down.