I keep forgetting we're at the end of the decade and not the middle and 10X is a slight exageration. I was born in the 80's so it all makes no difference to me except that I'm a young farmer who had dreams of being a millionaire, I just didn't expect there to be a minus sing infront of it. Since the first round of treaty settlement money 10-15 years ago, land has been over $750/ac in our area and a section I have my eye on now is listed at $840,000. Land has bounced around alot inbetween but never really got much lower. Many of my neighbors sold their land during that time to entities that will never sell it again, it's gone forever. I have never seen a shortage of people willing to take on land in productive areas and I don't see that changing. Not that I can complain without being a hipocrit but high realestate prices aren't good for agriculture, they're good for leaving agriculture. I just find it funny how the same guy that complains about the price of land a few year later will sell it to some speculation group, reserve or colony for a $20/ac premium insteat of giving the young guy across the road a crack at it and keeping it in the community.
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