Posted by MFPoor on December 18, 2012 at 09:45:19 from (72.4.0.230):
In Reply to: Farm land bubble posted by Jon L on December 17, 2012 at 22:29:56:
When things started coming unglued in '05/'06, I bought a couple small farms that adjoin mine for roughly $.50 on the dollar. Now they're about $1.50 on the dollar. Sold one in October and have accepted an offer on second one. Time to take the money and run. Trying to beat capital gains increase/income tax increase next year. Bubble or not, this seems like as good a time as any to bow out.
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Today's Featured Article - Tractor Profile: Allis-Chalmers Model G - by Staff. The first Allis-Chalmers Model G was produced in 1948 in Gasden, Alabama, and was designed for vegetable gardeners, small farms and landscape businesses. It is a small compact tractor that came with a complete line of implements especially tailored for its unique design. It featured a rear-mounted Continental N62 four-cylinder engine with a 2-3/8 x 3-1/2 inch bore and stroke. The rear-mounted engine provided traction for the rear wheels while at the same time gave the tractor operator a gre
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