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"We are at a new plateau."
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Pofarmer
Posted 2/21/2008 21:05 (#316222 - in reply to #315865)
Subject: Re: "We are at a new plateau."



You need to look at the history of the 19teens and 20's, leading up to '29. Land around here was over $400 an acre in the late teens. In today's terms, that would be $8293 today. So, we're just about there. History doesn't start when you are born.

Whoops,gotta have a redo. I know I read that $400 number, but anyway, MU extension lists 1920 land values as $88 an acre, Iowa was $122, which equates to $1046. 49 and $1450.81.

Edited by Pofarmer 2/21/2008 23:14
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