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Post by walnut on Dec 28, 2020 20:37:37 GMT
Honestly, there aren't even any of those. And if it's anywhere near a lake, forget it. I think that the old adage "Well they aren't making any more of it" is FINALLY kicking in. How about NW and west-central Arkansas ... along the slopes and valleys of the Boston Mountains? I already have 50 acres there (old family land). edit- it's 40 not 50 It's close to this:  Looking for some around Eastern OK from Ft Smith or over to Lake Eufaula in OK And, amazingly land really seems to be $3500 an acre. That rural raw land was $600 an acre not long ago at all. |
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Post by missouriboy on Dec 29, 2020 3:05:26 GMT
How about NW and west-central Arkansas ... along the slopes and valleys of the Boston Mountains? I already have 50 acres there (old family land). edit- it's 40 not 50 It's close to this: Looking for some around Eastern OK from Ft Smith or over to Lake Eufaula in OK And, amazingly land really seems to be $3500 an acre. That rural raw land was $600 an acre not long ago at all. Is that just the value of the dollar ... or has that area just become popular? Or both. |
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Post by walnut on Dec 29, 2020 3:34:23 GMT
I already have 50 acres there (old family land). edit- it's 40 not 50 It's close to this: Looking for some around Eastern OK from Ft Smith or over to Lake Eufaula in OK And, amazingly land really seems to be $3500 an acre. That rural raw land was $600 an acre not long ago at all. Is that just the value of the dollar ... or has that area just become popular? Or both. That's what I am wondering. Is this evidence of some genuine creeping inflation? |
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birder
Level 3 Rank
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Post by birder on Dec 29, 2020 11:35:32 GMT
Is that just the value of the dollar ... or has that area just become popular? Or both. That's what I am wondering. Is this evidence of some genuine creeping inflation? If it's anything like the UK then interest on savings is heading towards zero, you might as well buy something and land could be a good investment? |
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Post by walnut on Dec 29, 2020 13:17:46 GMT
That's what I am wondering. Is this evidence of some genuine creeping inflation? If it's anything like the UK then interest on savings is heading towards zero, you might as well buy something and land could be a good investment? Yeah likely that's part of it |
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Post by nautonnier on Dec 29, 2020 15:02:19 GMT
If it's anything like the UK then interest on savings is heading towards zero, you might as well buy something and land could be a good investment? Yeah likely that's part of it I worked for a while with someone that inadvertently at first then intentionally won on Orlando's expansion through the late 90's early 2000. An offer he could not refuse for house on a couple of acres then built another where Kissimmee might expand etc. Not sure that it always works. |
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Post by walnut on Dec 30, 2020 13:38:15 GMT
That's what I am wondering. Is this evidence of some genuine creeping inflation? If it's anything like the UK then interest on savings is heading towards zero, you might as well buy something and land could be a good investment? Looking at what has been happening to the dollar this last few weeks I'd say that it's worse than a little inflation. Seems like no one is at the helm. I guess you cannot send people home and pay them to do nothing perpetually. Who'd a thought? |
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Post by nautonnier on Dec 30, 2020 14:16:29 GMT
If it's anything like the UK then interest on savings is heading towards zero, you might as well buy something and land could be a good investment? Looking at what has been happening to the dollar this last few weeks I'd say that it's worse than a little inflation. Seems like no one is at the helm. I guess you cannot send people home and pay them to do nothing perpetually. Who'd a thought? Several of the democrat presidential contenders were pushing for a standard income to be given to the population regardless of whether they worked or not. They were obviously asleep during the lectures on fiat currencies. The rot started with Nixon leaving the gold standard although even that is a fiat currency in a less direct way. |
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Post by missouriboy on Dec 30, 2020 14:26:52 GMT
If it's anything like the UK then interest on savings is heading towards zero, you might as well buy something and land could be a good investment? Looking at what has been happening to the dollar this last few weeks I'd say that it's worse than a little inflation. Seems like no one is at the helm. I guess you cannot send people home and pay them to do nothing perpetually. Who'd a thought? Not to worry Walnut. Joe will fix us. We'll be holding our knees together for months ... maybe years. |
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Post by walnut on Dec 30, 2020 14:37:58 GMT
I'm irritated with Trump too. He should not have stood on the stage with those Corona frauds so many hours. I think we have economic troubles on the horizon.
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Post by walnut on Dec 30, 2020 14:47:42 GMT
Interactive Brokers founder Thomas Peterffy said yesterday that for the first time in a long time, their customers have more net short positions than long. He said that was a very unusual thing. Those are not Robin Hood accounts, those are people with money and good judgement.
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Post by nautonnier on Dec 30, 2020 16:35:03 GMT
I'm irritated with Trump too. He should not have stood on the stage with those Corona frauds so many hours. I think we have economic troubles on the horizon. He was in an awkward position. The 'experts' supposedly unsullied by avarice and venality were telling him what he should do - and they were lying (FauXi has form for that with HIV). But at the same time he was being told to 'follow the science' and there was no risk to the USA etc etc. Then the same experts did a volte face in mid-March saying SHUT DOWN EVERYTHING NOW. That was the time Trump should have said NO! But he would have been crucified by the 'follow the science' idiots don't know what science is. Trumps instincts in May were to open up but the governors wouldn't have it. By then the democrat planners had already got the strategy for the election laid out. Everyone locked down, only postal voting, Dominion machine hacks - got it in the bag. You can go back to what Pelosi and Schumer were saying early summer and you can see the plan was set. Imagine what would have happened if every governor had done a Kristi Noem or a Ron DeSantis and just carried on the _world_ would be in a different place now. |
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Post by walnut on Dec 30, 2020 17:00:24 GMT
I'm irritated with Trump too. He should not have stood on the stage with those Corona frauds so many hours. I think we have economic troubles on the horizon. He was in an awkward position. The 'experts' supposedly unsullied by avarice and venality were telling him what he should do - and they were lying (FauXi has form for that with HIV). But at the same time he was being told to 'follow the science' and there was no risk to the USA etc etc. Then the same experts did a volte face in mid-March saying SHUT DOWN EVERYTHING NOW. That was the time Trump should have said NO! But he would have been crucified by the 'follow the science' idiots don't know what science is. Trumps instincts in May were to open up but the governors wouldn't have it. By then the democrat planners had already got the strategy for the election laid out. Everyone locked down, only postal voting, Dominion machine hacks - got it in the bag. You can go back to what Pelosi and Schumer were saying early summer and you can see the plan was set. Imagine what would have happened if every governor had done a Kristi Noem or a Ron DeSantis and just carried on the _world_ would be in a different place now. Exactly Naut |
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