The land buyers, that I'm familiar with, around here have bought at lower prices. The land values here are considerably lower than most places and the taxes are lower as well. They look at land as a better investment based on the way everything else is going. They have the money and leaving it in the bank is losing them money now. The interest rates don't keep up with inflation. Contrary to what many think, the rich folks don't enjoy sitting in rooms just counting money, they had much rather invest in something that might fail as just sit on it knowing that it is losing value every day. If that weren't the case I never would have been able to borrow money :lol:
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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