A Foolish Take: Farmland Is Really Expensive Right Now
Asset prices are high almost across the board right now.
Stocks are trading at the third-highest valuation ever, behind only 1929 and 1999. Interest rates are low, which means bond prices are elevated. Bitcoin is perched at a very high level.
And it isn't just financial instruments that have seen their valuations soar. The value of farmland in the United States is exhibiting a similar trend.
Source: Fool.com