California rural land prices declining?

By taxee   Follow   Sat, 24 Nov 2012, 6:53pm PST   602 views   2 comments   Watch (0)   Share   Quote   Permalink  

Most people agree that with easement of marijuana laws, wholesale prices will drop. For Humboldt and Mendocino counties which rely heavily on income from cannabis growers this could be disastrous. http://lostcoastoutpost.com/2012/nov/9/election-night-leads-marijuana-changes/

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Kevin   befriend (0)   ignore (3)   Sat, 24 Nov 2012, 8:36pm PST   Share   Quote   Like   Dislike     Comment 1

The meth labs will continue to provide a steady stream of income.

lostand confused   befriend (9)   ignore (2)   Sat, 24 Nov 2012, 11:15pm PST   Share   Quote   Like   Dislike     Comment 2

If agriculture land prices decline, I wouldn't mind buying. But they remain high-I guess will remain high until Helicopter Ben keeps propping up the commodities markets. Though the poor dairy farmers are struggling tremendously.

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