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Tractor Talk Discussion Board

Re: Land prices (when is the crash coming.)


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Posted by GeneMO on January 15, 2008 at 13:05:59 from (76.0.17.196):

In Reply to: Land prices (when is the crash coming.) posted by Jon Kaiser on January 15, 2008 at 11:52:44:

$2500 an acre here in central MO. for "rough" ground. Hunting and recreational land is worth more than farm ground.

Neighbor bought 52 acres of brush next to me 10 years ago for $1000 an acre and I thought he was crazy. Now he could get $4000 per now since it is a smaller acreage.

My son wants to buy a couple hundred acres of farm ground, but has a new baby. I think he will try it, but he makes good money working in Deere's corporate office.

I's kinda hate to be starting out now, but I guess you gotta get in there.


Gene


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