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<p>[QUOTE="rrholdout, post: 2890403, member: 89654"]Have to agree with this as my main trade is land. I specialize in purchasing/restoring/developing rural acreage, then sell through financing. It appears land is still overvalued post 2008, and demand is low/falling. But there is a big difference between hot city lots, acreage on the edge of a booming, or soon to be booming metro area, and semi-remote/remote acreage. Does the new generation want <i>land</i>, and to <i>work</i> land, or to surf their digital world in a high-rise? Our kids certainly don't. I am afraid we are dinosaurs here too, and the old 'Buy and Hold' adage may not hold true in our Brave New World. And gov't is always on the prowl to take more land, for any pretext. Know folks who've been bitterly forced to sell to Big Gov, generally below FMV.</p><p><br /></p><p>On the financing angle, inflation eats at the interest rate. The seller is clearly the loser here, and the purchaser saves [we generally do 20 year deals]. I am seriously considering structuring the next deal to have the purchaser pay monthly in silver. My wife of course thinks it's ludicrous . . . but hey, a cash-strapped motivated buyer may go for it, if fully explained. They could cash-wise come out a winner. Just play with the amortization table till I get a monthly that works out to so many exact ounces, based on current spot. But should I accept rounds, foreign coins, junk? This is sounding fun.[/QUOTE]</p><p><br /></p>
[QUOTE="rrholdout, post: 2890403, member: 89654"]Have to agree with this as my main trade is land. I specialize in purchasing/restoring/developing rural acreage, then sell through financing. It appears land is still overvalued post 2008, and demand is low/falling. But there is a big difference between hot city lots, acreage on the edge of a booming, or soon to be booming metro area, and semi-remote/remote acreage. Does the new generation want [I]land[/I], and to [I]work[/I] land, or to surf their digital world in a high-rise? Our kids certainly don't. I am afraid we are dinosaurs here too, and the old 'Buy and Hold' adage may not hold true in our Brave New World. And gov't is always on the prowl to take more land, for any pretext. Know folks who've been bitterly forced to sell to Big Gov, generally below FMV. On the financing angle, inflation eats at the interest rate. The seller is clearly the loser here, and the purchaser saves [we generally do 20 year deals]. I am seriously considering structuring the next deal to have the purchaser pay monthly in silver. My wife of course thinks it's ludicrous . . . but hey, a cash-strapped motivated buyer may go for it, if fully explained. They could cash-wise come out a winner. Just play with the amortization table till I get a monthly that works out to so many exact ounces, based on current spot. But should I accept rounds, foreign coins, junk? This is sounding fun.[/QUOTE]
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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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