Posted 2/23/2024 14:16 (#10636840 - in reply to #10636377) Subject: RE: Farmland ownership ROI
Ridger
If you think buying a rough farm for $12k is a deal, all I can say is I would sell it for that and laugh all the way to the bank. Not to mention it is in a high property tax area and needs a pivot to produce a decent crop.
This kinda thinking reminds me of the premise for the movie The Big Short. It won’t go up 8% a year forever.