I have no idea if this is true or not and I don't trust Snopes any more than I do any of the media. But I do know that a $250K gain on a home is not that far fetched and on a small farm is likely. In the 1960's a person in my area could buy a moderate sized house and 5 acres for $15k. Today if the house was maintained it could sell for $265K. Add in a few improvements like landscaping and it can go much higher. How many people keep up with what they spend on that?
A 200 acre farm could show a gain of over 1/2 million. A million dollar farm will just barely provide a living for 1 family. This is money that these people had counted on as retirement because they didn't want to depend on social security.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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