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The cash rent auction mcbees
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JDpastor
Posted 1/2/2025 11:35 (#11037697 - in reply to #11036100)
Subject: RE: The cash rent auction mcbees



Imagine you own a piece of ground and you find gold on it. Gold prices have been going up like crazy. You had no idea the gold was there when you bought the land, so you had no extra risk in buying that land over other land and you did not pay a premium for that land. In fact, you bought that land in the 80's when it was fairly cheap compared to now though it seemed expensive at the time. The gold was just an extra bonus. Based on the reasoning of doathlan above, shouldn't you sell that gold to the rest of us for a fraction of the market value just to be fair?
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