Y'all missed it. What happens when MANY loans are defaulted?

Question

This is beginning to happen. Especially with chicken houses in my area. Many million dollar farms aren't able to pay their bills (i.e. the bank) because of the market right now. What will happen with the bank if many of the farms go under at the same time?

Answer 1

The market in your area will be depressed. Eventually investors will come in and take advantage of the bargain prices. And the cycle will continue.