| GrainTrader - 1/9/2016 03:20
Where is this fancy machinery and lavish lifestyle without another job or paid for equity? Im with You, Brian. I don't buy it. None of my young neighbors have $400,000 houses, new trucks and take their non working spouses on lavish trips. Yet this guy has 4 of them? As to the original poster, I've stated my opinion that rents WILL go down by 25% for '17, and another 25% for '18. Guys tried the one year experiment for '16, and signed on for another year, hoping things would turn around. And like what happens so often, it's gotten worse. By quite a bit. And looks to get worser. Yes, CRP offers good rental rates, but acres are extremely limited, so that's not going to support the high rent scenario, as it's simply not an option for most. This is the exact same scenario that played out in '82-'86 time period. By year 3, cash flow dries up completely. In '82, $120 was typical rent around here. By '86, it had dropped to $60. Then there will be those that will come on here and say it's different this time. When these conditions set in, it's never different. You will get the relief you are wishing for. If you can survive. Good luck in your negotiations, there is light at the end of he tunnel. This will not continue status quo. |
Rent negotiations
