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I can't speak to anyone else's experience but when my uncle took over the (CA Central Valley) family farm he didn't experience a windfall. And most years he made more money at his side job (substitute teaching) than from the farm.



The windfall option is selling the farm, not keeping it. And if you inherited something that nobody wants to buy then obviously you're in a poor situation.


But did he inherit it, or bought in? If he bought in at market rates (or even at a low double digit discount), it would be 'buying a job' which is seldom very profitable. That's very different from inheriting but not wanting to sell because of sentimental (economically suboptimal) reasons.




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