|
Tractor Talk Discussion Board |
Re: Re: Re: Re: land prices
[ Expand ] [ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by 333 on February 03, 2004 at 15:28:32 from (207.177.83.71):
In Reply to: Re: Re: Re: land prices posted by jf on February 03, 2004 at 13:40:23:
If the farmer buys the farm with the banks money, and lets say he can only pay the interest, the farm is profitable enough to make the interest payments, at the end of 20 years the farm doubles in value sells, pays the rest of the note has made a 1500 dollar profit an acre, no out of pocket costs, other than the initial downpayment cost, which is recooped, and was zero since he pledged other collatteral, It doesn't matter what the true cost of the dollar is he just made 1500 an acre on no investment in 20 years, other than his collateral of course
Follow Ups:
Home
| Forums
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.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
Copyright © 1997-2024 Yesterday's Tractor Co.
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|
