AgTalk Home
AgTalk Home
Search Forums | Classifieds (85) | Skins | Language
You are logged in as a guest. ( logon | register )

Buy land or wait for lower prices
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
bleedred
Posted 10/14/2021 10:16 (#9268421 - in reply to #9268306)
Subject: RE: Buy land or wait for lower prices



East Central Ia
If you are worried about inflation sitting on extra cash in my opinion is about the worst thing a guy can do.

That being said… I would also be cautious about running your cash to position too tight.

In my opinion its pretty hard to figure out where this land market is actually at. Hearing a lot of stupid high sales numbers but from my limited knowledge almost, if not all of these high an asterisk by them.

They have an extra revenue stream from a windmill, or involve some residential zoned portion for development.

The stupid high 20k+ ground involved some once in a lifetime 1031 money that was so high a guy couldn’t say no. When you read a farm sold for 26k an ac and a farmer bought it… well that sure makes me scratch my head until some details emerge.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)