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Corn production well off
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DMiller View Drop Down
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Joined: 14 Sep 2009
Location: Hermann, Mo
Points: 34018 		Post Options Post Options   Thanks (0) Thanks(0)   Quote DMiller Quote  Post ReplyReply Direct Link To This Post Posted: 13 hours 43 minutes ago at 5:11am
Originally posted by Tbone95 Tbone95 wrote:

I’ve said it before and I’ll say it again. When you look at buying land, of COURSE if you borrow the money you will not profit. But if you have the money, you’re good. You bought yourself a real, tangible, generally appreciating asset. If you can make money over the cost of inputs, compare that to leaving it in the bank earning a couple percent interest. Have cash flow over cost of inputs, asset appreciates, equity increases, improves balance sheet. Those who pursue this become the” big guy” everyone bitches about. The Norman Rockwell days were over a long time ago.

The days of NR were NO Property Taxes to the levels seen currently.  That needs to end for AG Real Estate if not ALL Rural Grounds even Homes and land used Solely as Home as the Taxes are killing much of the usable ground as a Purchase for investment or just to live out our days.  
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Tbone95 View Drop Down
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Joined: 31 Aug 2012
Location: Michigan
Points: 12190 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Tbone95 Quote  Post ReplyReply Direct Link To This Post Posted: 11 hours 53 minutes ago at 7:01am
Originally posted by jvin248 jvin248 wrote:

Originally posted by DMiller DMiller wrote:

... Mennonites and Amish are jumping in, CASH.  From Martinsburg W to Marling, from Buell N to New Hartford is nearly ALL Amish now.


Hutterites (N US/Canadian menonites/Amish) ave 150 person groups will split and give 75 all the cash to buy new land. Like honey bees swarming. No financing problems. They can easily outbid.

If regular farmers banded together against input corporations and commodity market corporations they could do the same.

.


Yeah, and if my aunt had balls she’d be my other uncle.

I’m not saying that to slam you. Just my comment on human nature. As in, it’ll never happen. Form a group like that and as soon as one guy gets a sweetheart deal he stabs everyone else in the back and party over. Basically the Grange. The Mennonite community pull this off, but church based control. Lots of them and Amish here as well. They sold their Indiana property for $12,000 per acre and moved up here for $4,000 per acre. We can’t compete with them.
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