Study of Land Sales by Government and Insurance Lenders in Seven Southeastern Minnesota Counties.
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Study of Land Sales by Government and Insurance Lenders in Seven Southeastern Minnesota Counties.
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1989
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Center for Urban and Regional Affairs, University of Minnesota
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Report
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The impact of farm foreclosures on land tenure patterns and land use was examined in Fillmore, Goodhue, Houston, Mower, Olmsted, Wabasha, and Winona counties. The study, for years 1983 through mid-1989, showed that sales of foreclosed land by government and insurance company lenders are increasing. The typical buyer intends to retain ownership and to continue using the land for crop production. Land sold by insurance lenders brought higher prices than land sold by government lenders. Insurance lenders also tended to sell larger parcels and to hold land longer than government lenders.
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Funded by the Rural Economic Policy Program of the Aspen Institute, the Ford Foundation, and the Center for Urban and Regional Affairs, University of Minnesota.
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Naramore, Barbara; Cartlidge, Thora. (1989). Study of Land Sales by Government and Insurance Lenders in Seven Southeastern Minnesota Counties.. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/207807.
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