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Roseglen, North Dakota | Great post and I agree with most of it.
But not everyone is able to ride on their ancestor's coat tails..
And for that matter, some squander away what has been given to them.
And faith above is a great asset but it takes more than that to be profitable.
But one statement stands out loud and strong:
Some $15 million net worth operations can't cash flow. Asset rich on inflated values and NO CASH.
So I wdnt downplay the net worth too much. For some (maybe not you) the net worth may play a part in keeping on.
It's very conceivable some may have to borrow against those assets to continue.
And as another said, some assets may have to be sold to have retirement money.
Net worth is a good chunk of what some have worked for for 50+ years.
Edited by jd8850 12/19/2024 22:13
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Access to affordable land neutralizes price......
