At least once a month I get a letter from someone wanting to by the farm we rent out. There are several investors that do that around here and I bet they own tens of thousands of acres. I've got a cousin that has in excess of 60,000 acres over 4 states. These people don't have to worry about making payments like most of us do on a land purchase. In the event of a bad year or not renting the land it's no big deal for them. They are counting on land values continuing to go up. The Dollar is strong right now so when it inevitably goes back down the land value will go up. But as others have said, all that can be turned upside down in the event of a catastrophic economic collapse. But if that happens, it really doesn't matter what you invested in you will lose value of investment and land will always be there.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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