Posted 1/23/2019 19:49 (#7267371 - in reply to #7267263) Subject: RE: Stock market, interest rates , opinions?
C IL
So, interest rates are climbing. What should land values be now?
Seems like a year and a percentage point ago the ROI calculator said the price was in the 8k range based on income, for the stereotypical 200bpa corn/65bpa soybean farm?
Does that suggest the prudent retiree, whose land is eventually for sale (no farming heirs etc), look at locking in today’s price before the market adjusts?