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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