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| I agree. I think there will be land changing hands the next year or so do to financing drying up if we stay with current marketing trends. Guys that are stuck with big lease payments on machinery they have no equity in (banks aren't devaluing farmers that take care of their machinery, for 2016 anyway) are in trouble. I disagree on the house. Any asset that appreciates in value over time and can be borrowed against if necessary is a productive asset too me. Especially if it's financed at less than 3 percent. | |
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