Posted 2/23/2024 07:47 (#10636203 - in reply to #10636141) Subject: RE: Farmland ownership ROI
Coup
I agree with the premise of your argument. A couple counter points are that you have ignored capital gains taxes and that many believe that interest rates are going to come back down.
But yeah it defies logic. What other business buys an asset that returns less than 3% and borrows money to buy it at 7%?
Farmland ownership ROI
