Land speculation bandwagon

YOU know it’s time to sell when the shoeshine boy tries to give you stocks and shares tips.

Land speculation bandwagon
Thu, 04 Sep, 2008 - 01:00

The famous quip of Joseph Kennedy — father of former US President JFK — comes to mind when considering the so-called food boom.

In the US, the average price of an acre has doubled since 2004. In the Iowa farming heartland, it is nearing the 1979 high of 22 times annual rent.

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Paula Hynes

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