land prices

[jensend]

lol. yeah wouldn't that be something? so answer the other question about when the usdx crashes.

[cottonpicken]

It did-its lost 97% of its value.

So i'll guess your asking when the next big leg
down is.

Answer-within 18 months

Let me guess your next thought.

Ya right maybe who knows 18 months is a long
time,who cares.

Answer-its the greatest opportunity in 80
years.More money was made in the collapse in the
thirties than can ever be dreamed of.

[cottonpicken]

Oh and yes "it" did take a 75% write down overnight in
the thirties.

I'm sure all you nial ferguson goof balls are aware of
that fact.

[cottonpicken]

And while we are at it why dont you do some fact
checking and tell me where and when what asset
classes have done the best over the past 7 years.

And then tell me ive been wrong all along.

[furrowtickler]

Jim Rogers may be right but look out your window, he can't predict weather. You go pay $1000 for land toaday - how you gona pay for it next year? Think real hard as you watch the rain/frost - this is not Brazil, Argentina, the U.K. or the U.S. - Any one of those locations it can rain an inch and harvest the next day - with virtualy no risk of frost. Land is worth the enviroment it is located and risks therein. Just a reality check when fees peas are worth sub $3 feed wht is $3 and feed/#3 lenils are .06/lb. ... Been there!! And $500/ac is outa reach - no matter how wounderfull you think you are.

[grassfarmer]

Furrow, not true that it can rain an inch and harvest the next day in the UK. You don't know what wet harvest conditions are here compared to Scotland for example. Many places there have 60 inch annual precip. and grow grain. True enough little risk of frost there though.

[ajl]

Fundamentally land prices are bearish. Other factors include the fact that the baby boom generation is going to retire and sell land at the same time that their parents are going to die and have their estate sell land. Who is going to buy? Aging and shrinking population in the western world is also bearish. But as CP has pointed out inflation trumps all as governments around the world can't pay their debt so the money printing will go like crazy. Land values will rise in nominal terms but decrease in real terms. Bottom line is you will get poorer owning land but not as quickly as if you held cash.

[cottonpicken]

Man am i on a different page.The perfect storm for
farming is coming,imo.

Currency debasement,rising standards of living in
chindia,climate changegoressuskistimballs (my new
word i just patented dont steal it lol)

We are sound as a pound.