The worm turns

In previous blogs, I’ve made reference to the subprime mess and what caused it. Since then, things are starting to happen. My natural assumption was that appraisers would be blamed again, as we were following the Saving & Loan problems in the 1980’s....

Biofuels and Land Values

On a previous post, I mentioned how grain prices were being bid up in anticipation of demand for biofuels, and how that was driving a higher land market. Since that post, unprecedented prices have been experienced and near chaos is present in the grain markets. Limit...