A colleague sent me a link to this story noting that Farmland Reserve Inc., one of the property holding subsidiaries of LDS Inc., just sold 27,156 acres of farmland in Arkansas (that’s about 42 square miles). Â The header in the email was, “Tithing receipts low?” Â I thought that was funny. Â But, seriously, how much more property does LDS Inc. have?
LDS Inc., one of the largest property owners in the US
Hmm. First they cancel their expensive high-rise expansion at the MTC despite the prospect of a large increase in the number of missionaries, and now they sell off a large asset? Right after making a multi-billion dollar investment in a shopping mall? Any other organization, and one would suspect they’d overextended themselves.
@Kuri, That is exactly what I was thinking. With an organization which has a “White Horse Prophesy”, you’d think they’d want to keep control over as much of the U.S. as they can get their hands on.