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To: bruinbirdman

Buy land, they aren’t making anymore of it.


2 posted on 04/11/2011 12:16:32 PM PDT by TSgt (Colonel Allen West & Michele Bachman - 2012 POTUS Dream Team Ticket!)
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To: TSgt
Buy land, they aren’t making anymore of it.

That's what my son keeps saying. You'd have to buy an awful lot of it to make it pay if crop prices drop and you're carrying roughly 60% debt on it.

Even owned free and clear, for smaller landowners, you have to plan carefully to make it pay unless you farm the whole thing yourself. Even then there's still risk.

There isn't much prime farmland available to buy right now.

4 posted on 04/11/2011 12:33:47 PM PDT by Aliska
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To: TSgt

They make more people every day, but there is a fixed amount of land.


7 posted on 04/11/2011 1:25:05 PM PDT by Citizen Tom Paine (An old sailor sends)
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