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Crazy Land Auction
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outdoorswede
Posted 4/16/2024 20:48 (#10709369 - in reply to #10709057)
Subject: RE: Crazy Land Auction


NW MN
IN555 - 4/16/2024 17:03

I am becoming a firm believer you can throw historical valuations and other historical thoughts out the window. In the past we did not have an out of control government that is completely ruining the currency. There is lots of people with serious money just looking for somewhere to park their wealth and land is about as safe of a place as there is to protect against a failing government.
I found out the buyer and well we will just say some serious wealth. 1.3 to him isn't going to change his life one bit if it goes to zero tomorrow.


Not saying you are wrong with the rich mindset. If the gov truly fails, the piece of paper that says you own this farm is worthless. Your farm will be what you can defend/control.
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