Posted 4/11/2019 07:21 (#7432437 - in reply to #7431843) Subject: RE: Farm sector debt,inflation adjusted 1970-2019
That last part is a common thought process amoung younger guys (myself included). Its part of why I made an argument on here a month or so ago about how beginning farmer loans just help push up land prices. Its also why there could be a land price "cliff". Prices will stay up until these types of loans are loaded up and old money has decided they have enough (for now). All of a sudden there are no more buyers. With all the retirements the last 5 years its also likely a lot of that comes for sale once the kids get it in the next 5-10 years. Double whammy.
Farm sector debt,inflation adjusted 1970-2019
