The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1925-03-25
Reason For The
Land Revival

! there is a general crop shortage.
Prices on farm products have never
been as good as they are now, with the
exception of a short period during
the war.
Thoie who should know tell us
that it will take at least two years,
if not longer to bring the world sup
ply up to a normal surplus.
All this means that the farmer has
facing him now condition that
makes for agricultural prosperity
such as we have but seldom wlLness-
ed in this country.
1t seems that the law of compensa-
/ ton is at work and that the Idrmer,
| who has been hard hit these last few
years, is about to have his .lnIng
again.
| If this is true, and few there are
who will deny it, then it is also true
! that we are on the verge of a reviv-
/ al in the real estate market which
will equal anything we have yet seen
in this country, excepting of course,
the period of insanity that swept the
country during the war.
| No one wants the la-1d craze of the
war years back.
That was an unhealthy, an un-
natural and false condition. Men
/ bought on wind-and when the time
came to pay, their wind gave out.
1t was to be expected that a con-
dition such as we had at that time
could not last and that it's inflated
values must, in the very nature of
things become debated and that de-
fiation was bound to bring with it the
crash that came.
During the height of the "craze" we
know that piece of land near Min
neota was sold, at least at an inter-
val Of but several months, at an
advance of fifty dollars per acre.
There is 10 sense in such a thing
and people know that now.
1t is the fact that they know it
that is the hope of the situation that
now confronts us. People are not
going to go wild as they did the
other time. Purchases are not going
to be made so much on wind as they
were.
Both buyers and sellers are going
to look out.
), The land business of the future is
. going to be on a solid and substantial
basis.
| Men who are going to know that
! they stand some show of retaining
their purchase and the fellows who
: sell are going to make it more GER
tain that they have really made a
) sale when they execute an instrument
of conveyance.
: All of which will be for the best
. interests of everybody.
We do not say that land prices
will soar over night, for we do not
believe that they will-nor would it
| be well that they did. But this is
. what is going to happen-land is go
ing to rise steadily in value from
now on.
You can not keep it down if you
try, in the face of the prices that
now prevail on farm products and
: live stock.
= No one is going to be bankrupt by
the revival that is coming, for it is
coming in a gradual and sane man.
ner.
But people should realize that land
is coming back in price and those who
own land and have been hard hit by
the years that we have passed through
should be careful and not be toe
anxious to- get rid of their holdings
If you can hold onto your land now
do so.
This is the wrong time to sell.
You can buy land today for one
hundred dollars an acre that you
will not be able to touch for one
hundred and ten in six months. In
making this statement, we are very
conservative both as to the advance
and the length of time. We really
believe that more than ten and less
than six would be figures that more
closely tell the truth.
This is not land boost nor pipe
dream. Our remarks are based on
observations of the general outlook
and upon that never failing fact that
history repeats itself. Also, we
might say that it is built upon that
law of physics which says that, fo1
every action there is an equal ana
opposite reaction.
We are due for a little reaction
now-and it is coming just as sure
as fate
The return of the land business is
the surest sign of the return of bust
ness prosperity that we can get
But don't get excited-hold youl
holdings-it will pay-Minneota
Mascot.