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August' 2011

Land Value "Bubble" ?

In the Fall of 2010, Sheila Bair, Chair of the Federal Deposit Insurance Corporation (FDIC), raised a few eyebrows when she suggested that we could be headed for a “farm land financial bubble”, due to the very rapid increase in farm land values in recent years. The FDIC oversees the financial health of many of the Community Banks that are involved in agricultural lending. Since that time, the Kansas City Federal Reserve Bank has also raised similar concerns, which raises the question …… Are we headed for a “financial bubble” in land values ? [ read more ... ]