…. Ok… so “everybody’s” happy getting a safe 8% net return … let’s see… in the 1930’s that land was about $5.00 acre… so that’s $395,000 for the whole tract… so 8% net === $31,600 each year…. that’ll pay some bills…
Not.
On 56,000 productive timber acres that’s FIFTY FIVE CENTS per acre.
Blue Pine, wet Beetlewood and swamp logs are worth more that…
Or if you like my trees/acre ratio :>}
… that’s ONE TREE cut off every ONE HUNDRED AND SEVENTY SEVEN timber acres… or 316 trees cut a year.
Math is your friend.
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