18,000 acre properties are not everywhere. Sure you can buy it in west Texas but who the frick wants to go there outside of hunting exotics? You buy this because you can be there in 2-3 hours anytime you want and get away from people. As others have said, Covid really ramped up the top 1% interest in land especially bug out type places you can get away from the world for a bit and survive on your own for a bit.

Plus bought at a reasonable price it’s an appreciable asset and possibly a way to purchase as a business with write offs.

If you can drop $20 mil on a place it’s not your only hunting shack, probably have a ski house, place on your wife’s favorite beach, etc. also.

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Posted by rowbear1922

Lake Chuck, LA

Member since Oct 2008

15188 posts

Posted on 5/18/24 at 7:46 am to baldona

quote:
18,000 acre properties are not everywhere. Sure you can buy it in west Texas but who the frick wants to go there outside of hunting exotics? You buy this because you can be there in 2-3 hours anytime you want and get away from people. As others have said, Covid really ramped up the top 1% interest in land especially bug out type places you can get away from the world for a bit and survive on your own for a bit. Plus bought at a reasonable price it’s an appreciable asset and possibly a way to purchase as a business with write offs. If you can drop $20 mil on a place it’s not your only hunting shack, probably have a ski house, place on your wife’s favorite beach, etc. also.

Unless these mineral rights are off the charts, the entire parish isn’t worth $40M. Of the 18k acres, 17,900 is marsh. Outside of hunting, it’s a useless property.

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