Illinois Family Farms

[SASKFARMER3]

Well thats what your country man said yesterday.

[gregpet]

So you decide to repeat it on an internet forum and defend as the truth even when you don't know the facts?

[sumdumguy]

Whats the difference? Land must be cheap here
for these guys to leave everyone and everything
behind.

Its all OK , cause they'll have to be tough to
survive here, just like their forfathers.

[Hopperbin]

Saskfarmer I am just on a major break down at the moment. Is your neighbour stupid? He has not planted the crop yet but is now going to pay top rent to a chinese buyer? Something does not add up.

[SASKFARMER3]

No next year he might rent it back. 2012 he
doesn't get any money till November. $150,000.
Now rest later. Also GRASs the english neighbor I
was talking to yesterday said his farm in England
just sold again for almost half what he got at the
boom.

[SASKFARMER3]

No next year he might rent it back. 2012 he
doesn't get any money till November. $150,000.
Now rest later. Also GRASs the english neighbor I
was talking to yesterday said his farm in England
just sold again for almost half what he got at the
boom.

[grassfarmer]

Does he drive a tardis this neighbour SF3? The boom
is now, prices have never been higher in the UK, there
is no 50 % collapse in land values in the UK that is
something you made up.

[SASKFARMER3]

I heard it from my English neighbor who moved
here 8 years. Big deal I made a mistake and
should have checked. Point is like the USA and
Canadian house market, everything can come
down. Really down.

[hedgehog]

a lot of english farms have dropped in value, if they are near towns where building was expected to happen, or in areas where the irish were buying.
cropping land in the east has doubled, but house values have dropped, so a cropping farm with 4 houses may still be the same total price.
Heard a good tale from ireland;
farmer sold 500 acres close to city for £500 million.rented it back
building company folded, went to auction, same farmer repurchased for £120 million!