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Re: CT Farm Auction brings good money!
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Posted by Matt on April 27, 2004 at 08:02:06 from (66.181.93.137):
In Reply to: CT Farm Auction brings good money! posted by Scott on April 25, 2004 at 21:29:39:
> Felt badly for any poor old farmers that were > there trying to pick up some needed equipment > having to compete with "hobbiests". There's poor, old farmers left in Southern New England??? Land is now going for houselots at about $30,000 + $5,000 per acre -- i.e. $40,000 for a 2 acre lot. That's average, run of the mill property that's neither next to a industrial landfill or has spectacular views. Of course I've never figured out the people who want to buy the nice McMansion across the street from the scenic dairy farm (wait till the first time their manure lagoon turns over in fall...) Farmers who want equipment out here may poke their heads in on local auctions, but it's New York or especially Pennsylvania they go to. Actually, unless the land is already in your family, it's usually to NY or PA they go and stay. Unless the State or someone else owns the development rights, land isn't affordable for farming unless you lease it.
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