Posted by ajl on January 14, 2016 at 21:19:37 from (207.228.78.8):
In Reply to: Land purchase update posted by notjustair on January 14, 2016 at 20:24:06:
Just keep in mind you are buying land during deflation now not with inflation. During inflationary times you can't screw up buying land but there is now deflation so stakes are higher. Just look at the usdx chart. USDX peaked in 1985 and you will see that it has been rising lately just like the 80's. Many regretting buying land during that time it is just that this hasn't happened recently so there are not many who regret buying land recently. Five year from now there will be more. The oil company is selling because they need cash. Land that adjoins yours is worth a lot so if it takes a lot of debt then consider a sale and lease back of outlying land to make it work.
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