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IMADreamer wrote: ↑

October 14 21, 10:16 am

Some farm ground near us just sold for 25,000 an acre. To put that in perspective, lets say you have a massively good year farming, everything goes right, and prices are good you might clear 200 dollars an acre in profit. That means it will take 125 years for that ground to break even. We are at peak insanity.

Is this land being bought to be farmed or to be developed?

CardsofSTL wrote: ↑

October 14 21, 11:27 am

IMADreamer wrote: ↑

October 14 21, 10:16 am

Some farm ground near us just sold for 25,000 an acre. To put that in perspective, lets say you have a massively good year farming, everything goes right, and prices are good you might clear 200 dollars an acre in profit. That means it will take 125 years for that ground to break even. We are at peak insanity.

Is this land being bought to be farmed or to be developed?

Probably to grow pot - er, I mean "Industrial Hemp".

Sometimes I look at decisions other people made and think....what the hell? It's especially true looking at old engineering plans. Sometimes you can look at a plan done in, say, 1995 and say well that ain't gonna work, I wonder what happened. And then look a little deeper and find they changed the drawings during construction to make it work and think...yep, they figured it out too late and rigged something up for the least amount of money.

What I find incredibly odd though are things like pipe materials. Back in the early 1900s they would use clay pipe for sanitary sewer lines. Sure, they're largely inert which is good but you can take a hammer and break them into pieces, like a clay flower pot. How were those ever going to last. After those went out of style because they kept, shockingly, breaking and spilling raw sewage into the ground, they went to cast iron. I guess because it wouldn't break, but dunno if they had never used a cast iron skillet in their life, but when cast iron gets wet and then dries, it rusts. Repeat this 365.25 days a year and let me know how that pipe looks in a few years.

All that to say, there are many better options today, namely PVC, but now I'm wondering in 50 years what people are going to say about that type of pipe.

CardsofSTL wrote: ↑

October 14 21, 11:27 am

IMADreamer wrote: ↑

October 14 21, 10:16 am

Some farm ground near us just sold for 25,000 an acre. To put that in perspective, lets say you have a massively good year farming, everything goes right, and prices are good you might clear 200 dollars an acre in profit. That means it will take 125 years for that ground to break even. We are at peak insanity.

Is this land being bought to be farmed or to be developed?

It is being farmed. It is in the middle of nowhere.

IMADreamer wrote: ↑

October 14 21, 1:08 pm

CardsofSTL wrote: ↑

October 14 21, 11:27 am

IMADreamer wrote: ↑

October 14 21, 10:16 am

Some farm ground near us just sold for 25,000 an acre. To put that in perspective, lets say you have a massively good year farming, everything goes right, and prices are good you might clear 200 dollars an acre in profit. That means it will take 125 years for that ground to break even. We are at peak insanity.

Is this land being bought to be farmed or to be developed?

It is being farmed. It is in the middle of nowhere.

Are you considering retirement right now?

obucard wrote: ↑

October 14 21, 1:19 pm

IMADreamer wrote: ↑

October 14 21, 1:08 pm

CardsofSTL wrote: ↑

October 14 21, 11:27 am

IMADreamer wrote: ↑

October 14 21, 10:16 am

Some farm ground near us just sold for 25,000 an acre. To put that in perspective, lets say you have a massively good year farming, everything goes right, and prices are good you might clear 200 dollars an acre in profit. That means it will take 125 years for that ground to break even. We are at peak insanity.

Is this land being bought to be farmed or to be developed?

It is being farmed. It is in the middle of nowhere.

Are you considering retirement right now?

Very much so.

IMADreamer wrote: ↑

October 14 21, 10:16 am

Some farm ground near us just sold for 25,000 an acre. To put that in perspective, lets say you have a massively good year farming, everything goes right, and prices are good you might clear 200 dollars an acre in profit. That means it will take 125 years for that ground to break even. We are at peak insanity.

That's nuts. Is there any reasonable explanation?

Socnorb11 wrote: ↑

October 16 21, 1:07 pm

IMADreamer wrote: ↑

October 14 21, 10:16 am

Some farm ground near us just sold for 25,000 an acre. To put that in perspective, lets say you have a massively good year farming, everything goes right, and prices are good you might clear 200 dollars an acre in profit. That means it will take 125 years for that ground to break even. We are at peak insanity.

That's nuts. Is there any reasonable explanation?

The people that have money, have huge amounts of money and are trying to find any where they can to park it, especially with uncertain times ahead.

I wanna new Bronco. Talk me out of it.

I had a deposit in but cancelled it when I saw one on the road. Too tall, stock tires way too big, the hard top is already being recalled due to water intrusion. The 4 door version is too long. I'm getting a Jeep.