tag:blogger.com,1999:blog-27951078.post5240430008528615115..comments2024-02-02T05:45:33.724-06:00Comments on Incoming: John Phippshttp://www.blogger.com/profile/03245790061133614986noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-27951078.post-11076616788158294902007-11-09T18:30:00.000-06:002007-11-09T18:30:00.000-06:00Reggie:First, thank you for your civil response. ...Reggie:<BR/><BR/>First, thank you for your civil response. I too lament our loss of leverage. Permit me a story.<BR/><BR/>The field where my mailbox sits; around which I farm on three sides (get the drift) goes up for blind, sealed bid by a small church with a congregation of neighbors. This happens every three years and I have rented it for about 90% of the last 20 years or so.<BR/><BR/>In order to appear fair, they choose to rent to the highest bidder. I hate to lose this farm as well, and often end up bidding pretty high.<BR/><BR/>I suppose I have become callous as a result, and do not look for much consideration anymore. Since they publish the results as well, this exercise ripples through the area as a data point for other negotiations. The one fact few ever consider is I do not bid outside my township, so am no "threat" to most.<BR/><BR/>Still this is the right of ownership. I defend their prerogative, but believe there are better ways.<BR/><BR/>This year is another jump ball. I'll let you know how my race goes. This is why I load up on debt to own ground.<BR/><BR/>Good luck. With your forthright attitude, I want to believe you'll be successful.John Phippshttps://www.blogger.com/profile/03245790061133614986noreply@blogger.comtag:blogger.com,1999:blog-27951078.post-90396655286853071102007-11-09T16:01:00.000-06:002007-11-09T16:01:00.000-06:00I am one of the tennants on 2 of these farms. I ag...I am one of the tennants on 2 of these farms. I agree that the rent should be established by the free market. Whatever someone is willing to pay is the proper rent. However I hate to lose a farm I have farmed since 1967 because someone bid 1 penny more than I. I would like a right of first refusal if my bid is within 90% of the highest bid. Reggie DowellAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-27951078.post-35433275697074990032007-11-05T19:02:00.000-06:002007-11-05T19:02:00.000-06:00I would say that the university has been remiss al...I would say that the university has been remiss all along in not putting their land out for bids every so many years. We renegotiate our leases as they expire. Why did those tenants not do the same?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27951078.post-37353386708312655122007-11-04T08:18:00.000-06:002007-11-04T08:18:00.000-06:00Very good points John and I hope as you say some o...Very good points John and I hope as you say some of the winners will step up and present a glimpse of their side. Cash rent is a brutal warlike method of business. And don't forget in a market as unknowable as this one could be there is no saying whether the winning bid is a blessing or a coffin spike. Either way whining that years of being the favored tenant entitles anyone to possible generational rights is wrong.Anonymousnoreply@blogger.com