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Farmland market observation
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redoak
Posted 4/21/2018 17:54 (#6723172 - in reply to #6722946)
Subject: RE: Farmland market observation


sw ontario
whistle pig - 4/21/2018 15:14

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.


His rent back then may have been closer too $150 acre...for a long time cash rent valuations were 5% of land cost
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