Posted 12/17/2015 08:48 (#4966307 - in reply to #4965865) Subject: RE: Land Prices and Mean Reversion
You just explained the exact mentality that cause asset bubbles. Same mentality everyone buying a house in 2006 had. Timing is everything. For a young guy buying a first farm right now, buying today vs buying 3 years from now could be the difference from going broke to being a large successful land owner in 25 years.