husky46cc
ArboristSite Member
Today I was talking to an arborist employed by a local university. He has a friend whose father began planting dwarf Japanese maples 60-70 years ago. Today the trees are 18-20 feet high with a 20 ft wide canopy. I don't know much about these trees, but that's apparently enormous. He now has a business where he will come to your house and install one of these trees for a mere $14,000! And he has customers who pay it! I believe this story because the university arborist I spoke with is a well-respected long-time professional and he had no reason to make up such a story.
On the same topic of trees as investments, there's a wealthy alumnus of Blackburn College in Illinios who gave them money to plant 100,000 walnut trees as an investment for the future. Yep. One hundred thousand trees. The college owned 400 acres of farmland that they could use for the purpose so they didn't have to buy any land.
The walnut donor says that when he was a kid, a walnut tree was worth $500. Now they're $2,500. He figures in 60 years, they'll be $15,000. If my math is right, that's one hundred fifty million dollars.
Wish I had planted some walnut trees when my twins were born!
On the same topic of trees as investments, there's a wealthy alumnus of Blackburn College in Illinios who gave them money to plant 100,000 walnut trees as an investment for the future. Yep. One hundred thousand trees. The college owned 400 acres of farmland that they could use for the purpose so they didn't have to buy any land.
The walnut donor says that when he was a kid, a walnut tree was worth $500. Now they're $2,500. He figures in 60 years, they'll be $15,000. If my math is right, that's one hundred fifty million dollars.
Wish I had planted some walnut trees when my twins were born!
