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Source: David Kohl, FARM PROGRESS, 8/11/20
It is intriguing to see the interest in land investments in rural areas as the COVID-19 pandemic spreads across the U.S. One question pertaining to land investments came from a senior level Dairy Science Management course at Virginia Tech, which utilized virtual lectures during the lockdown. “Is now a good time to invest in land at current appraised values? The next-door neighbor’s land is for sale. It is a good location for expansion, and we are financially able to service the debt at a 5 to 6 percent interest rate. However, we are concerned with where interest rates may be going!” For more of this story, click here.
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