Posted 3/11/2019 20:33 (#7374440 - in reply to #7374292) Subject: RE: My Issue
NW MN Pine to Prairie
Getoffmylawn - 3/11/2019 19:42
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.
Correct. The ones around here are not a flash in the pan investor. Those farms will not be back in farmers hands anytime soon if ever.