Pay no heed to the land always goes up crowd. We are in a different era today: one of debt deflation, not inflation. If you buy land when interest rates are high and they go down, you can't lose but interest rate can't go down any more. So you are paying near a peak price for land today and it will likely go down. Future generations are going to be smaller and poorer than the baby boomer generation so they can't get the financing needed to push prices higher. So you will likely want to buy only if you can put a substantial amount down so that making payments will not be an issue during tough years.
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Today's Featured Article - Product Review: Black Tire Paint - by Staff. I have been fortunate in that two of my tractors have had rear tires that were in great shape when I bought the tractor. My model "H" even had the old style fronts with plenty of tread. My "L" fronts were mismatched Sears Guardsman snow tires, which I promptly tossed. Well, although these tires were in good shape as far as tread was concerned, they looked real sad. All were flat, but new tubes fixed that. In addition to years and years of scuffing and fading, they had paint splattered on
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