I have been a builder developer for 30 years. Physically fit at 61 i now have semi retired and only dabble in acerages that i can put in farm or forest status. Then we build a modest house and a nice barn greenhouse combo. Keeps taxes in the $500 to 800 range in Idaho and Montana. If the market crashes i still end up with a paid off small farm with low taxes. I am considering the same life in Chile . A small farm in Chile pays zero property tax. With a modest house $100 to 200 a year.
Really enjoyed this well written article. Totally agree.
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Farmland, that you work, is definitely an asset.
Thank you for reading.