Posted by NY 986 on March 22, 2021 at 06:32:09 from (67.249.255.74):
In Reply to: Land Prices posted by Traditional Farmer on March 22, 2021 at 04:38:49:
When I hear prices like that I have to pinch myself to make sure I am not dreaming. I'd like to know where all the money is coming from. Even if most is financed it still has to be paid for. It sure is not the couple just starting out who are making 50-60,000 dollars per year. When there is a real correction in real estate prices there is going to be a lot of misery or a lot of anguish depending how the problem is solved. I see massive problems ahead when people with lots of money but very little discipline go on a spree. Works good for a while and all are happy but then some event happens then everybody's world gets turned upside down. This is more than just typical inflation/ appreciation but then I don't work for the government so what do I know.
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Today's Featured Article - Field Modifications (Sins of the Farmer) - by Staff. Picture a new Chevrolet driving down the street without it's grill, right fender and trunk lid. Imagine a crude hole made in the hood to accommodate a new taller air cleaner, the fender wells cut away to make way for larger tires, and half of a sliding glass door used to replace the windshield. Top that off with an old set of '36 Ford headlight shells bolted to the hood. Pretty unlikely for a car... but for a tractor, this is pretty normal. It seems that more often than not they a
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