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California rural land prices declining?

By taxee   2012 Nov 24, 6:53pm   ↑ like (1)   ↓ dislike   871 views   2 comments   watch (0)   share   quote  

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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1   Kevin   2012 Nov 24, 8:36pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

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

2   lostand confused (20/20 = 100% civil)   2012 Nov 24, 11:15pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

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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