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Yep, and you also see a lot of abandoned or strayed horses, because people who can't feed their horses and can't give them away, can't afford to hire a vet and a bulldozer to put them down. I know folks who take in any horse they can, but they can't afford vet and farrier care for a...
One point I didn't see covered - the horses will eventually die, and have to be buried. This will require a bulldozer and a chunk of land. Or you'll have to pay someone to haul it away and bury it, I don't know who or how much.
I understand that it used to be common for people to sell old or...