Conference Call Highlights: Who Will Buy Land? [View article]
Financing is not an option for raw land right now. Banks won't touch it. That's why there are no sales. With the prices to be had there are most likely many buyers, but without the cash to pony up for the full sales price, they can't buy.
It's always that way. In times when the deals are out there, 99% of the population doesn't have the resources to take advantage of it.
One thing that WILL help is when the tidal wave of inflation kicks in and our dollar is destroyed. You'll see some land sales then, as people flock to real assets.
Conference Call Highlights: Who Will Buy Land? [View article]
It's always that way. In times when the deals are out there, 99% of the population doesn't have the resources to take advantage of it.
One thing that WILL help is when the tidal wave of inflation kicks in and our dollar is destroyed. You'll see some land sales then, as people flock to real assets.
NYSE Stocks with the Highest Short Interest as a % of Float [View article]