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The value of farmland didn't go substantially down even in 2008. I certainly would take land over gold or bitcoin. Land is finite (I get it so is gold and bitcoin!, but they are made up commodities that have no actual value). Mortgages obviously require a different mindset. But cash purchases of land are never going to not make sense (assuming you didn't overpay), because you actually own an object that whether it grows in value or not, can provide opportunities for whatever future we have.
Zombie apocalypses? I have land to build a bunker.
Food shortage? I have land to build a garden.
COVID? I have land to put solar panels and my "WEAR A MASK" signs.
Gold does none of that. Especially during a zombie apocalypse...
Zombie apocalypses? I have land to build a bunker.
Food shortage? I have land to build a garden.
COVID? I have land to put solar panels and my "WEAR A MASK" signs.
Gold does none of that. Especially during a zombie apocalypse...