Re: Way O/T..sorry!

Posted by Bill in NC on February 23, 2005 at 06:47:48 from (24.172.3.146):

In Reply to: Way O/T..sorry! posted by Paul Shuler on February 22, 2005 at 23:33:00:

Paul,
Glad to hear your prayers were answered. It is possible the
Good Lord may have given your family a great gift in that you
get to enjoy your land during your lifetime and your children get
to enjoy a large investment return during their lifetime as 11
acres located near an airport and a four lane road may
eventually be worth a great deal to developers thirty to fifty
years from now.

My sister married into a Houston-area family that were plain ole
cattle folks that made a bunch of money over the past century
by buying land to raise cattle that was eventually bought from
them because the city grew out to their ranch (what we call a
farm in NC, Texans call a ranch). It is called being in the path of
growth. Each time they sold out they would buy land further out
to raise their cattle and did this something like three times over
a 70 year period. It made the family a lot of money. Just my
$0.02.

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