shaman wrote:Well, there are other reasons too.
I've got another buddy that's selling out his place, because he's getting too old to work the farm. The rural population is aging.
The cost of gas is causing many folks that didn't used to mind the long commute into work to think twice.
The hunting population is aging. There are not enough young people coming in to sustain the numbers. Some places are going up for sale for lack of interest.
There is rural blight. Land is still cheap. You can get a used trailer, plunk it down on an acre and live off welfare, and poach game.
I have 6 uncles, all were farmers at one point. All had large families with many sons and daughters. Not ONE of my 30+ cousins has taken to the tractor. All the lands are gone sans my closest uncle (where I hunt in MI). He is 85 and still does his own hay. But leases the rest of his land out. All the small farmers are gone. Getting out.
In MI however, farmland................not cheap at all. A cousins g-pa in law died a month ago, he had 100 acres with an old farmhouse, sold at auction for 390K I believe. Thats some coin, but with the return on corn and soybeans right now, the big outfits are snapping it up.
Wooded land however......not so pricey.