Re:The wealth gap between young and old people
by msandford on Thursday July 30, 2015 @08:18PM
(#9979156)
30-50 years ago farmland was a few hundred an acre in real terms. Today it's a few thousand. That's inflation adjusted so land has definitely appreciated considerably.
What's the rising tide that floats all boats these days? It's not the stock market, it's not real estate, and it's not startups. I can't think of anything that keeps going up, except perhaps for inflation.
http://www.ers.usda.gov/media/873616/farmrealestatevalues.pd...
What's the rising tide that floats all boats these days? It's not the stock market, it's not real estate, and it's not startups. I can't think of anything that keeps going up, except perhaps for inflation.