Posted 12/21/2024 16:36 (#11020344 - in reply to #11020334) Subject: RE: Farming, government payments and return on equity
Southern Missouri
If I had to bet I’d probably bet on the side of land prices slipping a little in 2025 , but at 4.5 savings rate and core inflation at 3.3 and overall inflation at 2.7 so far for 2024 what is that really earning? I admire people with some cash I’ll never have any ( at least enough to mount to much ) my mother in law is on her deathbed and my wife will inherit 25 percent of her daddy’s farm , be danged if I’m gonna let her daddy’s land get away , sizeable chunk that’ll keep me in the poorhouse for the next few it’ll be 1031 on most of it but every time I 1031 there’s a few more acres in what I buy than what I sell , there goes all the cash