4 million for 430 acres? Man, someone saw a world class sucker coming right there. That land will not cash flow in his lifetime.
I agree.
Even as a future housing development, that’s pretty pricey.
But a lot of the hedge fund folks expect mega inflation.
Medical Marijuana? Maybe he’ll “plant” windmills?
“4 Million for 430 acres?”
My first thought, too! My Little Acre is worth a mint, LOL!
Amazing how when a couple trillion dollars are created, some of those dollars find their way into non-depreciable assets.
And the seed, water, fertilizer and diesel fuel to run it all and harvest.....don't forget the maintenance...roads....buildings ...machines.
He is also going to set up a vegi and fruit garden....no running off to the supermarket for a can of beans and a packet of smokes.