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Talked to a banker.....
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Tara Farms
Posted 1/23/2015 15:10 (#4332830 - in reply to #4332582)
Subject: I have read it four times


Red River Valley
Your original statement and I must have not understood because I never interrupted your second statement from it so I guess it is my bad.

the answer is that its about profitability going forward and rents which in turn land values are effected by profitability and Interest rates are on the expense side of the income / expense sheet.

so that when the income goes down below the level of expenses, than every expense needs to be looked at and cuts have to be made where they can be.

Or equity must be burned

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