Atomic Bob's Stock Forum - The Golden Thread

>> On average, land loses no value over time. Farm infrastructure (buildings, equipment, tools, animals, etc) will allow me have a positive return on the land regardless of what happens to the currency.

Hmmm - we no longer own land in this country - unless you live in an area that has no property tax - we rent it from the gubmint, after paying a big down-payment (call it an escrow fund that is seized when taxes aren't paid.)

What happens in hyper-inflation ? Land prices (valuations) go thru the ceiling.

What happens to the property taxes ? Ditto.

Still think land is a protection against the economic collapse ?

I don't.

Finally, brethren, whatsoever things are true, whatsoever things are honest, whatsoever things are just, whatsoever things are pure, whatsoever things are lovely, whatsoever things are of good ...

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