EC Nebraska | dpilot83 - 10/27/2018 09:03
[snip]
While it's true that group of farmers would likely be better off if they were to rent their ground out and then thoroughly apply their labor and operating expenses in another endeavor, it's probably just wishful thinking that they are "burning equity". The only way their balance sheet will decrease year to year is if the value of their land decreases.
Exactly. Those guys aren't burning equity. That land will last them as long as they live. |