Texas, the really flat part | What makes you believe they’re not shrewd investors? They have managed to accumulate enough wealth to pay cash for farmland that most farmers can’t afford. A friend of mine who passed away a few years ago spent a lot of his retirement time in Seattle assessing prospective farmland purchases for billionaires who wanted to diversify their portfolios. While they did look at some foreign properties, the vast majority of the land they were buying was in the Midwest. |
Race to the bottom.
