Tag Archives: Another Bubble Pops: Price Of Farmland Suffers First Annual Decline Since 1986

ZeroHedge – Another Bubble Pops: Price Of Farmland Suffers First Annual Decline Since 1986 – 14 February 2015

ZeroHedgeOne of the bigger asset bubbles in recent US history has nothing to do with stock, bonds or commodities, and unlike the real estate bust of 2007 (which has since rebounded only for the ultra-luxury segment), barely batted an eyelid during the Great Financial Crisis. Curiously, it was not until early this decade that the institutional money even noticed said bubble, something he discussed in October of 2010 when we profiled TIAA-CREF’s investment in this particular asset class. We are talking of course about farmland.

And yet, like all other bubbles – be they the result of retail euphoria or central bank rigging – this one too must come to a close, and as the WSJ reports, the first crack in the farmland bubble are appearing, after farmland values declined in parts of the Midwest for the first time in decades last year “reflecting a cooling in the market driven by two years of bumper crops and sharply lower grain prices, according to Federal Reserve reports on Thursday.”

Read the full story at: www.zerohedge.com / link to original article