September 20, 2024
Farmland Correction Ahead | American Farmland Owner
Demand for land has been a positive force to push back against negatives pressures. But he doubts that will continue. “At some point these land prices cannot continue to increase,” Covington said, “…and when that happens, you’ll see an immediate drop in in the quality of that asset, meaning the debt to asset ratio is going to continue to rise.”
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