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Re: Complete Utter Nonsence...
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Posted by Scotty on April 17, 2004 at 22:47:25 from (68.58.25.78):
In Reply to: Complete Utter Nonsence... posted by Errin OH on April 17, 2004 at 17:49:23:
I hardly go to auctions anymore! They bring unrealistic prices anymore better than 50% of the time, & that is why New equipment dealers are holding large auctions between say 4 - 12 dealerships trying to sell most every used item they have, & then in many cases the euipment sells for more than they had it listed for, or well above book value! With land it could be any number of reasons it brings high prices! Expanding cities, high property taxes, etc. One thing is certain at least in Indiana... Goverment, & Conservationist are taking land in numbers! For those who dont beleive it look at a state map, & see how big Hoosier National Forest is! Also Indianapolis Power, & Light recently had an auction selling around If I remeber correctly about 2k acres! As soon as conservationist found out they started screaming to the Goverment to buy the land to preserve it. With the State in the RED they purchased some of it for the Hoosier National Forest, & now there is lost Propeerty tax to make up EVEN THOUGH PROPERTY TAXES HAVE SKYROCKETED ALREADY ACROSS THE STATE IN THE LAST 2 YEARS! If goverment would get there hands off more land; Then everybody would benefit because the average person could afford to own land much more frequently! There are of course other reasons which would take all night to type!
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