>>1771228Sales will definitely slow, but I don't think think it will necessarily mean lower prices on average.
But you can certainly take advantage of the situation if you have cash in hand. You only need one farm right.
Many of these farms are already crumbling and have been on the market for a long time, either because the owners live far away and only use them two weekends a year, or because they are part owned as an inheritance and nobody can agree on anything, or downright incompetence of listing agents.
I don't think a financial crisis is going to make that big of a difference for buyers.
One thing I don't like about that farm is that the building is a little too close to the road.
But on the other hand the soil looks decent, with just a couple of loose rocks here and there and no granite boulders to add "character".
Some of it has at least already been tilled with machinery.
I'm from a Med country, so I'm already used to similar climate, culture and food and bad wages.
I've done ok being self employed and have enough to retire, but I've also lived frugally my entire life. Even started making my own diesel these last few years.