Even if you are a cash buyer the financial argument to buy vs lease is not very compelling. Rural property, timberland is appreciating ~4% per year vs S&P which has historically average 11-12%. Based on ALclearcut’s example even if you paid $245,000 in cash you are leaving ~$17,000 per year on the table (11% - 4%) = 7% *$245,000 =$17,150.
$17K per year could get you in a pretty nice lease
So I’ve almost convinced myself that financially leasing may be more cost effective, but are the intrinsic values of owning the ground you hunt worth the potential financial downside? Also do folks feel you can still have a quality hunting experience even if you were somewhat limited to a smaller acreage but it’s acreage that you own?
