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<p>[QUOTE=&quot;Jim Bonner, post: 1246762, member: 32536&quot;]Humm.. maybe so but forty years ago I made a conscious decision to invest in the middle class in America. I famously said that the homes of the rich had topped out and the poor didn&#039;t have any money so if one was to prepare for the future one must invest in land. And not just land, but land that the middle class would want for small farmsteads and rural living. </p><p>I devoted my life and my investment strategy to a failed premise. In fact, the lakefront property, the huge homes, the exclusive properties went up in value but the cattle farm lands that were worth $1000 an acre in 1970 are still worth $1000 an acre. This to me demonstrates the demise of the US middle class. The poor still can&#039;t afford housing but section 8 makes low dollar houses an investment opportunity but the three bedroom two bath brick home is something the poor can&#039;t get and the rich don&#039;t want.&nbsp; And the middle class....? where for art thou middle class?[/QUOTE]</p><p><br /></p>

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