Posted 3/15/2017 19:14 (#5901841 - in reply to #5901752) Subject: RE: Land values
E SD
I'm not really approaching it as what you can pay, rather opportunity cost.
Based on rents what is it a 1.5-2% return after RE tax? During the early 80's farmland cap rates got down to around 1.6% and then later after the crash re-aligned closer to 5%. So do you think Rents/Profitability is going to go up or values come down?