| reformedbanker - 3/24/2024 21:40 The guy who hasn't bought anything for 10+ years and just bought the neighboring farm may very well be a cash buyer.
He might be but at $20k that's $3.2 million on a quarter section.
That's $320k/year, for 10 years, after taxes, that he has to stow away to buy that farm for cash. That probably means $600k+/year before taxes, for 10 years. I'm not saying its not possible, I just don't buy into the belief that everyone is buying land with "cash".
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Has the game changed cont........
