I can find quality stocks that pay more than 4% in dividend yield. They may or may not have more risk than farmland when it comes to losing value in the current market. They also don't require upkeep (like the farmhouse), tenant issues, real estate taxes, etc.
Farmland has had a tremendous run in the past 10 years. There is nothing on the horizon (with the exception of wierd winter weather which could lead to a questionable growing season) to say that run can be sustained. From an investor standpoint, it would make sense to pull the plug, although a year or so ago would have been more of a peak. From what it sounds like, their trust prevented them from doing it then.
Don't blame them. It was their land, and their money. Last I knew, you were a free market guy. Don't waste your time on "sour grapes." If you feel that bad about it, be ready for the next one.
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Today's Featured Article - A City Guy's First Tractor - by Fred Hambrecht. After living in apartments in Atlanta for more years than I care to remember, the wife and I decided to move to the country. Humming "Green Acres is the place for me..." we purchased a 29 acre tract about 60 miles south of Atlanta. Next came the house, I could talk about that ordeal for another two weeks... But, I want to talk about my tractor! We didn't even own a lawnmower, and all of a sudden we had enough grass to feed all the starving children of the bovine world. Naturally, I talked
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