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Another chance to buy farmground
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swne
Posted 1/29/2008 23:30 (#296544 - in reply to #295892)
Subject: Re: Another chance to buy farmground


Cambridge, southwestern Nebraska
The key here is in you last sentence. The ability to put a good dent in paying down some of the debt in the next 2-3 years.
Wasn't long ago I couldn't pay for land in 15 years. Now I could in 5. That is changing quickly with higher inputs but land was a little slow to catch up with the rise in grain prices. Around here at least.
Also locking in long term low interest rates will be in your favor.
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