At least once a month I get a letter from someone wanting to by the farm we rent out. There are several investors that do that around here and I bet they own tens of thousands of acres. I've got a cousin that has in excess of 60,000 acres over 4 states. These people don't have to worry about making payments like most of us do on a land purchase. In the event of a bad year or not renting the land it's no big deal for them. They are counting on land values continuing to go up. The Dollar is strong right now so when it inevitably goes back down the land value will go up. But as others have said, all that can be turned upside down in the event of a catastrophic economic collapse. But if that happens, it really doesn't matter what you invested in you will lose value of investment and land will always be there.
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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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