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ItWasntMe@discuss.online to Fuck AI@lemmy.worldEnglish · 2 months ago

Data center builders thought farmers would willingly sell land, learn otherwise

arstechnica.com

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Data center builders thought farmers would willingly sell land, learn otherwise

arstechnica.com

ItWasntMe@discuss.online to Fuck AI@lemmy.worldEnglish · 2 months ago
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Even in a fragile farm economy, million-dollar offers can't sway dedicated farmers.
  • glimse@lemmy.world
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    2 months ago

    Where do you think they got the money to buy the assets? Loans have to be paid back

    • queermunist she/her@lemmy.ml
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      2 months ago

      The majority inherit their land.

    • jonesy@aussie.zone
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      2 months ago

      Quite a few of the farmers I’ve met purchase outright and claim depreciation via their taxes and avoid the interest, but I would assume many finance as well.

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