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 - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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