Are we near the top For Land.

[Old Cowzilla]

Asked neighbors if you sell out what to do with money? Well they said going by this area the smart thing to do is buy land???????????
Stock market looks like accident waitng to happen, commercial props ready for big time crash and cash in banks poor return unless you buy chunk of bank. BUT banks make money now by service charges now not lending and young people doing self banking not as many fees so is that train slowing down?

[jazz]

Once interest rates go negative, you will see farmland values you would never have imagined.

Someplaces have been on a bull run for 20 yrs. Toronto vancouver. I imagine Iowa farmland was once $5000 an acre too. Now its 3 times that. Bill was paying upwards of $12k an acre for some of his recent purchase.

Negative interest rates do not have to be posted to be in effect. So long as CPI is running higher than lending rates you have a negative rate effect. I dont see how rates can ever go back to historical norms. That would be a doubling of our debt obligations.

After covid, now I count in the things that could never happen, actually happening.