Intel's Ronler Acres Plant

Silicon Forest

Thursday, May 8, 2014

Land Prices

When I was in Iowa a year ago I heard that farm land was going for as much as $10,000 an acre. This price is very dependent on the price of corn, or rather on what people expect the price of corn will be in the near future. I suspect the government's ethanol program has something to do with this.
    Yesterday I put up a post about a classic car auction taking place in Brothers, which is a small town in Eastern Oregon. I remarked that there wasn't much there, and Posthip Scott sends me this little notice from 1914.

Click to embiggenate.

2 comments:

Anonymous said...

Yeah? And the land in Death Valley is "worthless", too??? UNDERNEATH Death Valley lies the WORLD'S LARGEST KNOWN FRESHWATER AQUIFER. Depends on how deeply we do the math, I suppose.

Anonymous said...

Sending this to my TIVs currently residing in Oregon.
They should find this comedically valuable.