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| By the way, a few years ago, I bought a farm for $2350. Rents in the area were around maybe $135. Now I'm sure I could rent it out for well over $200. Could probably have sold it last summer and doubled my money. Timing/luck are important. I think the other thing driving land prices up is lack of available rental land. If you want to farm more, you may have no choice but to buy it.
Brandon | |
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Land prices
