Michael Duffy
Michael Duffy
couple cyclical
We have had a couple of cyclical times.
land market performance poorer relative stock
The poorer performance of the stock market relative to the land market makes it attractive.
counties except far land lower productive quality
It's because of the quality of our land. On the average, except for our lower tiers of counties and some of the northeast, it's far more productive land.
hardy soul
You would have to be a pretty hardy soul to withstand that kind of exposure.