Housing

The Land Boom

How much is it worth?

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How much is it worth?

Robert Smith/NPR

On today's show, we visit a place where global economic forces converge: Colo, Iowa.

The price of farmland in Iowa has doubled in the past few years. People rush to outbid each other at real-estate auctions, and land owners become millionaires in a matter of minutes.

We visit an auction, look at the broader economic picture, and ask an unavoidable question: Is it a bubble?

Subscribe to the podcast. Music: Will Dailey's "Down The Drain." Find us: Twitter/ Facebook/Spotify

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