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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (10103)3/4/2011 2:40:09 PM
From: John Vosilla  Read Replies (1) | Respond to of 119361
 
'Bruce Brock, the broker who sold the farm to the Freking brothers, exudes an optimism that would sound familiar to anyone who bought a home in 2006. “If you look from the beginning of farming in the United States to now, the long-term trend has been up,” he said. “There will be market fluctuations where it will go down. But in 10 years, I won’t be surprised if our $10,000 land is $20,000.”

Hah maybe it does go to $20k first..then down to $5k next recession