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US | Depends
IMO machinery only pays in 2 ways. You farm enough to roll to keep overhead low and maintenance and repairs almost zero or you buy good used equipment at the right price and turn wrenches. And always keep purchases to things needed not wanted
Land is all about appetite for risk and timing and common sense.
I have bought both in the last 9 months and both still look like great decisions.
Don't chase it. But don't ignore it
Some of the best deals to be had are when everyone is running for the exit. We are not there yet but could be in 12 months.
Also. You must not run your business in fear. In 12 months it may look like it was the right decision
Edited by beilttoG 1/31/2015 19:52
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buying now
