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California rural land prices declining?


               
2012 Nov 24, 6:53pm   4,297 views  2 comments

by taxee   follow (0)  

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   nope   2012 Nov 24, 8:36pm  

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

2   lostand confused   2012 Nov 24, 11:15pm  

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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