An Emerging Bubble In Farm Land
March 4, 2011 at 9:01 am · Category: Commodities, Inflation
It’s getting scary.
- Mike Green, Real Estate Auctioneer who auctions farms in Iowa
Source: “In Price of Farmland, Echoes Of Another Boom”, The New York Times, March 4, B1.
Prediction: Crop prices will fall and interest rates rise causing a farm bust in the next few years.
Why isn’t this obvious?
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