Posted 4/16/2024 21:13 (#10709403 - in reply to #10709142) Subject: RE: Crazy Land Auction
n. Illinois
so why did those guys in 1982-1987not jump in and buy up all of the ground that the lenders were trying to dump? Maybe they did the math and realized that their CD earning 9%+ was better than farm ground at 3% return and actually losing value. And they weren't making anymore land back then either.
Crazy Land Auction
