The Next Real Estate Bubble: Farmland By Blake Hurst Friday, March 29, 2013
Farmers have been taking on mounting debt, creating an unsustainable increase in land prices and risking a crash that would ripple through our economy.
Eeyore should have been a farmer. It’s almost impossible to find a farmer happy about his situation. The weather’s too hot, cold, wet, or dry, and prices are too low or too high, depending on whether we’re buying or selling. We can’t, at least in front of our peers, admit to prosperity or even the chance of prosperity. Although we’d never admit it at the local coffee shop, the last few years have been good, at least for Midwestern grain farmers. Prices have been strong — strong enough to make up for much of the production lost to last year’s drought. That’s terrible news for livestock producers, who’ve been faced with drought-damaged pastures and high feed costs, but for farmers producing corn and soybeans, it has been a profitable few years.
Farmers have cash, and nowhere to invest it but farmland. Farmers largely ignore equities, as they tend to balance the inherent risk in farming by investing in what they perceive as less risky places. We aren’t dumb, however, and have figured out that it's a losing game to invest in bonds or CDs at rates less than inflation while we’re in tax brackets we never even knew existed.......................>>>>.....................>>>>....................http://www.american.com/archive/2013/march/the-next-real-estate-bubble-farmland
This is nothing more than Wall St propaganda. They know people are running to more secure investments, and productive farmland is the last resort to protect your money for many. They want people to keep on gambling in the stock market and not sock their money into farmland. Do the opposite of what this article is trying to convince you of. A sure sign to buy agricultural farm land.
you can't 'invest' in someone else running it....you have to own it and work it and occupy it....THAT'S the true investment.... anything else and another human can take it...POP
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
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