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n. Illinois | you have nailed it the land never shows a very good cash return. It's purchased for many reasons besides its cash flow. Its always been that way. People are willing to subsidize it via using capital earned elsewhere to pay for it outright so there is no loan payments or use income from other sources to help make the payment etc. farm land buying decisions many times are an emotional decision and not a math problem that has a proper answer. Good luck in your career to make money farming you will be more successful doing what you just did. | |
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How does buying land get me ahead in my environment
