766 Man Posted April 4, 2022 Share Posted April 4, 2022 Just now, zleinenbach said: No apologies needed, we are all adults (well most of us 😁) I agree that with today’s inflated prices it’s hard, damn near impossible, to start farming. Profitably. But, I don’t think the Banks will just rubber stamp loan approvals for the heck of it. I just meant by earlier post that if Joe Blow wants to be an organic possum pooty grower, what the he’ll do I care? At least it’s going to an ag use, rather than the developers gobbling anything flat up for obscene amounts of money, but there again it’s not my business to judge what they spend their money on. They will rubber stamp if an area needs economic stability such as paid property taxes and stable balance sheets. It is a domino effect if a bunch of operations are foreclosed upon with real estate prices reduced to a fraction of what they were. Operators that were in a good debt/asset ratio can be reduced to insolvency in one heck of a hurry. Quote Link to comment Share on other sites More sharing options...
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