|
SE MN | I'm with those that don't understand this logic.
I look around my neighborhood and in EVERY instance any significant wealth has come from land ownership. Farming is a way of paying for land but it very rarely makes you wealthy.
Selling land and renting back is most likely a desperation move more than anything.
I know a guy that sold some land for $3,700/acre in 2007 and rented it back since....was paying $275 rent and is now broke.
Edited by whistle pig 4/21/2018 14:15
| |
|
Farmland market observation
