alt.social-security-disability

Good point, Pop. I'm thinking of ordinary land as a benchmark, meaning
tillable land corn can be grown on for ethanol production. That's about
$6,000 acre roughly out in Iowa or whatever. The man seems to have vanished;
praps we spooked him, maybe he's calling a lawyer...?
There are still parts of the US that can be "claimed" as mining sites
from the gubmint for about $1 an acre, oddly enough....

"Pop`" wrote in message
news: $ @trnddc07...
> Jim wrote:
>> "Six String Stu" wrote
>>> Having a second property will effect your benefit amount for SSI.
>>> Selling will effect it as well.
>>> having had a piece or extra property (assets) unreported might also
>>> play into things.
>> He could be in deep feces.....
>> I have just been through a 5 hour Social Services interview
>> regarding various programs, and he is almost certainly in very
>> serious trouble. Land worth under $2,000 is not exactly common. It's
>> about $1,000,000/acre in my neighborhood....
>
> Actually, some land can be valued at quite a bit less than that if the
> building on it is uninhabitable. I live in the "sticks" and an acre of
> farmland can often be found for around $400/acre and if you go out into
> the "toolies" it can be had for as little as $50/acre. A tax bill will
> indicated the approximate value of the land, and whether it's considered
> to have "services" or not. Most of the type of land I'm talking about
> here is considered "vacant" and "untillable", meaning forested or at least
> overgrown.
> Now if you go closer to "town" land values go up fast, especially those
> with services and a building with a certificate of occupancy.
> So the point is, location is everything (or nothing).
>
> Regards,
>
> Pop`
>
>