Date: June 4th, 2009

Plowing it under: Part 1, the why

4 June, 2009 (10:33) | California, Homeownership, Innovations, Subprime, Tenure, US News | No comments

What to do with unproductive acreage?  Plow it under – turn the soil into fallow ground, put the nutrients back into the earth.
 

Better to mulch it before the scavengers take everything
 
Among the many ways land is unique as an asset class is that its physical holding costs are zero – it need not be maintained.  [...]