Non-farm investors are definitely around but have been and are a small minority at least in this area. If you want to talk about the very long term then yes land has steadily increased in value. Having said that there have been very significant downward adjustments when isolating 20 year blocks out of a 100 year interval. My grandfather paid 100 dollars per acre during the 1920's for the place I farm now and saw that value drop to under 50 dollars during the depths of the Depression. It took until near 1960 for the value to recover. Land here got up to 1,000 dollars per acre during the late 1970's only to plummet below 500 dollars per acre during the 1980's. Prices did not recover to 1,000 dollars per acre until the new century came that we are in now. I had a recent discussion with a younger farmer very recently about this topic. I tried to impress on in him despite the view of a buyer or seller it still takes two to tango when it comes to a final price on a parcel.
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Today's Featured Article - What Price Enthusiasm? - by Anthony West. Quite frankly, for some time now restorers like myself have become more and more concerned about the rapid increase in the prices of old farm machines here in England. There is now a growing market for "As found" machines. Which as machines get rarer, has found the birth of a new industry....one of the "procurement agent". These agents appropriate as much old machinery as possible then inflate prices at auctions. So at what price enthiusiasm? We are now seeing poor machines which 3 years ago ma
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