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:

sharon sedeen 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.

sharon sedeen said...

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