Posted 10/4/2021 20:45 (#9253070 - in reply to #9252965) Subject: RE: Stories of farmers going broke?
sw ontario
True , guys with 100 acres paid for bought another 100 at $3,000 acre, financed it all and then interest rates soard and land dropped 40% so they had lost pretty much all there equity in 2-3 yrs. and could not cash flow anymore