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<blockquote data-quote="backhoeboogie" data-source="post: 579353" data-attributes="member: 3162"><p>There are areas where the economy is depressed and good farm land can still be had for reasonable rates. Many people are buying farms in these areas with the thoughts of retiring there. "I got 5 times the acreage 200 miles away for half the cost" is what one engineer told me recently. The pictures I have seen of the place are good. It needs some work and he is doing that. He's already moved his equipment there and gets up there every other weekend or so. The house is not bad and the barns are okay too. He'll sell his house and land here and build a new home there at retirement in a few years. </p><p></p><p>There are atleast a dozen or so peers who have bought places in south east Oklahoma for less than $1K an acre. </p><p></p><p>One of the problems here is that they take the prime farm land and turn it into sub-divisions. Then the best land in the county has a Wal-Mart, Home Depot, Lowes etc. Plus all the parking lots and small businesses. The rocky hilltops that can't be farmed sit there with nothing being done to them. Good farm land is being wasted by housing. Breaks your heart.</p></blockquote><p></p>
[QUOTE="backhoeboogie, post: 579353, member: 3162"] There are areas where the economy is depressed and good farm land can still be had for reasonable rates. Many people are buying farms in these areas with the thoughts of retiring there. "I got 5 times the acreage 200 miles away for half the cost" is what one engineer told me recently. The pictures I have seen of the place are good. It needs some work and he is doing that. He's already moved his equipment there and gets up there every other weekend or so. The house is not bad and the barns are okay too. He'll sell his house and land here and build a new home there at retirement in a few years. There are atleast a dozen or so peers who have bought places in south east Oklahoma for less than $1K an acre. One of the problems here is that they take the prime farm land and turn it into sub-divisions. Then the best land in the county has a Wal-Mart, Home Depot, Lowes etc. Plus all the parking lots and small businesses. The rocky hilltops that can't be farmed sit there with nothing being done to them. Good farm land is being wasted by housing. Breaks your heart. [/QUOTE]
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