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<p>[QUOTE=&quot;medoraman, post: 1067648, member: 26302&quot;]I am originally from Iowa, and I can tell you that the land you are talking about is not worth what it sell for economically. What happens is that you have a lot of farmers who inherited millions of dollars in land, and are willing to mortgage those acres to acquire more for bragging rights. Those counties rarely have land for sale, so anyone successful in buying more land their is looked on as a successful farmer.</p><p><br /></p><p>Land is a good contra investment. It usually has a lower yield than other assets since it is viewed as a &quot;safe&quot; investment, the stuff that will keep you from starving if all of the financial markets melt down. The key is to buy some with some guaranteed yields, like a contract with a farmer or CRP with the government. I have a couple of quarters in Iowa just for this reason.[/QUOTE]</p><p><br /></p>

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