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<blockquote data-quote="Brandonm22" data-source="post: 519723" data-attributes="member: 7645"><p>Let me divide it into 55 acre hunting parcels and I probably could sell the whole thing in 72 months and generate a fast $50 million (minus the cost of surveying and building roads). In 40 years and another 90 million people who knows what you can do with it. New factories and power plants are having to be built farther and farther out into the country to comply with the Draconian EPA air quality standards. There very very easily could be a whole completely new town on that property in future decades. If it is federal land, they are PROBABLY going to run the cows off of it in the next 30 years (maybe sooner) to appease powerful groups like the Sierra Club. IF it is privately owned land, my property taxes (on raw land....not in town) have gone from 82 cents an acre to $2.80 in just the last 6 years. IF their taxes go to $3 an acre those 360 pairs are going to have to cover $90,000 a year ($250 a cow). Unless the price of beef gets to be much higher I doubt that that will pay in the future. I honestly hope that I am wrong; but an increasingly urban, increasingly class conscious electorate, hungry for govt bennies like universal health care, govt. funded pre-k, low income housing, etc is very likely to repeal policies like ag exemptions, current use taxation levels, etc. I very well could be wrong, but I suspect that those ranches are living breathing dinosaurs. A teenager reading this today is very likely to see the vast majority of those operations disapear during their lifetime.</p></blockquote><p></p>
[QUOTE="Brandonm22, post: 519723, member: 7645"] Let me divide it into 55 acre hunting parcels and I probably could sell the whole thing in 72 months and generate a fast $50 million (minus the cost of surveying and building roads). In 40 years and another 90 million people who knows what you can do with it. New factories and power plants are having to be built farther and farther out into the country to comply with the Draconian EPA air quality standards. There very very easily could be a whole completely new town on that property in future decades. If it is federal land, they are PROBABLY going to run the cows off of it in the next 30 years (maybe sooner) to appease powerful groups like the Sierra Club. IF it is privately owned land, my property taxes (on raw land....not in town) have gone from 82 cents an acre to $2.80 in just the last 6 years. IF their taxes go to $3 an acre those 360 pairs are going to have to cover $90,000 a year ($250 a cow). Unless the price of beef gets to be much higher I doubt that that will pay in the future. I honestly hope that I am wrong; but an increasingly urban, increasingly class conscious electorate, hungry for govt bennies like universal health care, govt. funded pre-k, low income housing, etc is very likely to repeal policies like ag exemptions, current use taxation levels, etc. I very well could be wrong, but I suspect that those ranches are living breathing dinosaurs. A teenager reading this today is very likely to see the vast majority of those operations disapear during their lifetime. [/QUOTE]
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