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Tractor Talk Discussion Board

Re: Farmland prices


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Posted by ericlb on January 05, 2013 at 07:10:42 from (70.41.96.39):

In Reply to: Re: Farmland prices posted by MarkB_MI on January 05, 2013 at 06:48:34:

mark ive frequently been to all 48 states until 10 years ago i was a trucker, what im seening in this area is out of state developers buy land, which makes out of state land owners think there land is special, one near me has 13 acres of un improved high desert land, no water no power ect to the tract not good for farming or grazing,[ could be good grazing land if it was cleared of brush cactus ect] the price is 123,000 and it sold! the developers throw up cheaply built housing for 50 to 70 grand cost and get 350 to 400 grand a pop, its just nuts, the next town is way overbuilt for its available water and sewer system ect for just this reason, now there pressuring farmers in the valley to sell them water rights since they dont have adequate water now, the locals of course wont sell, but some of these places are newcomer horsie farms, which dont need irrigation water, and they do sell the water, which to me makes the place almost worthless, just a sad thing to see


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