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SW KS, near Dodge City | Yeah, you take or add 80 to 100 bucks an acre off of a breakeven area, and that really changes cash flows a little bit. Even at an 8% return, 80 bucks an acre will add or subtract $1000/acre of value. Figure that most of the land investors would be happy with a 4% return on it, and that's $2000/acre swing on 80/acre. Sooooooo, yeah, that can kind of have an impact. | |
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