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Inflation and recession.
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davy crockett
Posted 5/31/2024 16:48 (#10758362 - in reply to #10758126)
Subject: RE: Inflation and recession.


ill argue that inflation and land prices have nothing to do with each other these days. land was going up 20%+ during the trump years of 1.5% inflation. select farmers, i swear have a money printing machine in the basement. the last time land cashflowed was in 1987, i realize land can never cashflow in the economy, because there will always be enough deep pockets out there willing to farm a piece of ground for "free" and subsidize the payments off of owed ground just to have the honor of paying property tax on it. and of course give the grandkids a land base to feed the world`s mythical 10 billion mouths in 2050. :-)
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