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Look out below BS
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Hanktbd
Posted 2/27/2024 20:35 (#10642680 - in reply to #10642583)
Subject: RE: Look out below BS



Central IL
I personally doubt we have seen the longer term peak in land prices but you never know. I also know that a lot of farms that were lost in the 30's were due to mortgaging 2 or 3 paid for 80's to purchase an additional 80. My great grandfather and a friend's great grandfather were two of the many farmers that were caught in that squeeze.
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