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Re: tickettoride post# 8632

Saturday, 02/19/2011 12:40:39 PM

Saturday, February 19, 2011 12:40:39 PM

Post# of 90887
AGREED and AGREED!

I did cover some thoughts on this before I saw this post.
One other thing to throw into this mix, and it won't be of interest to many but a few of our folks should profit from it.

That being, there is a related perfect play for those who are interested. We have had a housing collapse as well as severely depressed commercial properties in some selective areas. With the continue price increases in commodities, farm land in general will rise quickly. The play would be to search out new developments that never really got off the ground. Many areas have "commercial" property that used to be farmland but was bought by developers during the bubble for malls that were never constructed. Many are still listed for sale as "commercial" or "perfect for a mall" or whatever. The real money will be made not waiting for it to be developed but by putting it back into farming (usually very close to urban areas - low transport costs!) to eventually sell as farmland.

I won't go further into this as few here may be interested in this play - if you are speak up and we will discuss more!!


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