- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Posted on 9/5/13 at 1:19 pm to SmackoverHawg
quote:
What about for land and leasing out the farming rights? I know that's not a great money maker, but seems like a damn good hedge. And farm land rarely if ever goes down in value.
You must not have been around in the early 80's when farm land blew up after years of ridiculous speculative gains in ag land. And from a recent article:
We farmers should be more sophisticated than the average subprime borrower and more risk averse than startup investors in the 1990s. After all, we manage multi-million dollar businesses, and since the average age of farmers is near 60, most of us are survivors of the agricultural asset crash of the early 1980s. In 1981, the average price of farmland in Iowa was $2,147 per acre; by 1986, the average farm brought $787 an acre. That period was the formative experience of my farming career, and one I would not wish to repeat. According to a recent article in the USA Today, a third of Iowa’s farmers left the industry during that crash.
RE bubble farmland
KC's Fed: Will Ags Boom Bust Cycle be Different This Time
Posted on 9/5/13 at 8:06 pm to tirebiter
quote:
In 1981, the average price of farmland in Iowa was $2,147 per acre; by 1986, the average farm brought $787 an acre. That period was the formative experience of my farming career, and one I would not wish to repeat. According to a recent article in the USA Today, a third of Iowa’s farmers left the industry during that crash.
Good info. That's why I asked. It's about 3k/acre in east ark now. I believe I'll wait.
Posted on 9/5/13 at 8:58 pm to SmackoverHawg
My family owns some land. Several hundred.
Hopefully the bubble busts so I can get in on land nearby
Hopefully the bubble busts so I can get in on land nearby
Posted on 9/5/13 at 9:25 pm to jimbeam
quote:
My family owns some land. Several hundred.
Hopefully the bubble busts so I can get in on land nearby
Our family used to have about 1000 acres just east of Lonoke. My dumbass aunt and uncle were farming it for my great grandparents and lost it before I had the money to buy it. Would love to get it back. It had been in our family since before the Civil War.
Posted on 9/7/13 at 12:21 am to beaverfever
quote:
I wonder if you buy a 300-400k condo in the gulf if you'd have problems keeping it rented out.
It goes in swells. You better be willing to look at it like a longterm investment because year to year it can be extremely different. Over the last decade I'd say we're looking at probably 6% since we started renting.
Popular
Back to top
Follow TigerDroppings for LSU Football News