Posted by noncompos on March 01, 2008 at 08:15:38 from (65.102.20.70):
In Reply to: Real estate. posted by Spook on February 29, 2008 at 17:12:40:
jdemaris"s post is a perfect example of how one segment of the real estate market (bubble residential and the land purchased for bubble residential development) can tank while another segment (productive farm land) can still be going up. The worries about a slump, and whether the gov"t decides to inflate it"s way out, may well be driving people with cash or presently liquid investments to turn to productive land as the safest hedge they see.
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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