October 16, 2011 12:00 AM

Rural land's value rises; so does fear of a 'bubble'

WASHINGTON — When regulators come knocking at the Bank of Newman Grove, Neb., inquiring about loan risks, Chairman Jeffrey Gerhart has a "stress test" ready to show how his portfolio would fare if rural land prices dropped 25 percent. Or 50 percent. Or 75 percent.

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