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Value of farm land

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  • cottonpicken
    Senior Member
    • Apr 2006
    • 6993

    #41
    Everyone should be open to the possibility of land hitting infinite value.

    Comment

    • Hopperbin
      Senior Member
      • Dec 2007
      • 6562

      #42
      So does fcc loan me money for that infinite value?

      Maybe I should deal there.

      Klause if you did not have the Investment company to purchase possibly your payments would be at todays rent price if you bought. I guess I am past that so past is past. Today land is higher priced. Now what? Those 18 dollar 50 bushel green peas A year ago. Those guys.

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      • Klause
        Senior Member
        • Sep 2010
        • 3644

        #43
        Tstep, investors want 5% usually. Never heard of 8 and work with a few of them.


        Hopper, that's fine and dandy but we didn't have enough cash to put down to buy that much at once.... We will keep renting and building equity. If we have cash and a decent deal comes along we will buy.

        Comment

        • Klause
          Senior Member
          • Sep 2010
          • 3644

          #44
          build capital... I'm tired. rofl.


          cottonpicken, Dad told me a story of how his Dad purchased 0.5 ha in Germany in the early 30s with 3 carts full of paper currency that he got earlier that day from selling their year's potato crop. Hyperinflation is scary.

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