Posted 11/10/2015 16:17 (#4888448 - in reply to #4887920) Subject: RE: 80's land 2015 land price
SW Minnesota
The part of the equation you are missing are the taxes. Paying an extra $30-40,000 on land instead stead of buying machinery will add $15-20,000 to your tax bill. Property taxes are 2 to 4 times what they were in the 80's.