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Callao Missouri | Ask yourself this,, The Boomers are holding onto the last knot on the rope. Who is going to buy all this land? I'm a Millennial, I don't have a pot to pee in and a window to toss it out of when it comes to capital availability to buy land of any quantity. I'm fixing on planting my 25th crop, and my wife and I own roughly 0.6% of our land base. Now I started with nothing, and the good Lord has blessed us in keeping most of it. I cannot see a clear picture of how my wife and I will get to 1000+ owned acres in our lifetime witch has been a goal of mine. Anyway, I'm not complaining, we are merely care takers of this earth for a short time. This land was here before we got here, and will be here when we are gone.
Im going to edit to add a couple thoughts.
A landlord of mine passed last spring, around 92 +- years old. He bought his first piece of land while he was still in high school. Another piece he bought, I'm not sure of the date exactly but he paid for it the first year with the soybean crop.
Another land lord, about 20 years younger than the first, Go riding around with him, he will point to this piece. I could have bought that for $350 per acre. The next one over there $400.... And that one over there for $500 and they would have carried the note. Well why didn't you buy them? " Because I didn't have two nickels to rub together at the time" Its all about timing.
Edited by Jon 1/17/2025 22:29
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Land Value - Where is this beast headed?
