Originally Posted by barry12345

I have been thinking about aquiring a decent acreage for the extended familys future. While they are still available cheap. Just in case the general economy ever gets into really serious difficulty. Get it close to a built up area and in future years it may even become a housing development for them to profit from.

At least they could feed themselves and basic farmland locally if not of a size that interests large growers is still fairly cheap still. It could even be rented out for now or worked with smaller equipment than is now common if the farmed portion where not too large.

Since the worlds population continues to seriously expand in past and recent times food production and cost will always be a growth area. Taxes locally on a small farm are minimal . No one can acuratly predict the longer term with any real certainty. It may be a better thing to leave instead of all cash and the type of assets that are not really self sustaining for our survivors and decendants yet to come.