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> The rational economic actor will still be going for used tractors on 80 acres A rational economic actor would sell the land. 80 acres would fetch around $2M
by 9rx 1y ago
> The rational economic actor will still be going for used tractors on 80 acres
A rational economic actor would sell the land. 80 acres would fetch around $2M around here pretty easily. You're not getting $2M of pure economic value of 80 acres.
But what are you going to supplant the enjoyment of being out on the farm with? No amount of money can buy a suitable replacement.