Abandoned Golf Courses in US...

[TOM4CWB]

Talk about real estate, Read this...

GOLF COURSES

In the past few years, the development of hundreds of golf courses in the U.S. was abandoned, victims of the foreclosure crisis. Many of those closed were tied to grand real estate development plans and it is predicted that as many as 1,500 courses will close over the next decade. Now, thousands of acres of golf greens, ponds and clubhouses sit abandoned, slowly decaying, dragging down neighbourhood property values along with them. Those who bought property along the courses are forced to watch the formerly manicured lawns grow out of control bringing a range of nuisances, from exotic animals to illegal activity

[TOM4CWB]

FARMS

The 2011 Canadian Agricultural census shows that while the number of farms has decreased 10 per cent in the last five years to 205,730, the average farm size has jumped seven per cent. In some regions, such as Saskatchewan, the number of farms has fallen nearly 17 per cent, while average farm size is up 15 per cent to more than 1,600 acres. Farms with $1-million or more in annual revenue represent the fastest growing sector of Canadian agriculture, jumping 36 per cent since 2006. Just 9,602 farms generate 49 per cent of Canada's $51-billion in total gross farm receipts.

MEAT

Fifty years ago, global consumption of meat was 70-million tonnes. By 2007, the latest year for comparable data are available, it had risen to 268-million tonnes. The amount of meat eaten by each person leapt from about 22kg in 1961 to 40kg in 2007.Tastes have changed however. Cow (beef and veal) was top of the menu in the early 1960s, accounting for 40 per cent of meat consumption, but in 2007 its share had fallen to 23 per cent. Pig is now the animal of choice, with around 99-million tonnes consumed and poultry has jumped from 12 per cent to 31 per cent of the global total.

COFFEE

A mutant strain of one of the world's most devastating coffee diseases is attacking crops in Guatemala, putting farmers on high alert for a wider outbreak in Central America. Growers are battling a new form of leaf rust fungus, or roya, which kills leaves on coffee trees and makes the weakened plants less productive. Leaf rust usually infects coffee grown at lower altitudes where it is hotter and wetter but a new variety is creeping up to the higher, cooler areas.

SIZE

A duplex penthouse at a tower under construction on Manhattan's West 57th Street has sold for more than US$90-million, setting a record for a single residence in the borough. The 11,000 square-floor unit, spanning the 89th and 90th floors sold at a price between $8,000 and 9,000 a square foot...

What a crazy world!

http://www.aacb.com/publications/ed/index.asp

[bduke]

Tom.... The US is not the only jurisdiction with golf course/real estate
problems.

BC also has course/developments in default of obligations.

Regarding farm size and scale ... I am witnessing fairly rapid growth in our
area, especially the under 50 operators and family units with adult children.

The meat stats seem indicative of the growth in the developing countries
i.e. pork, and chicken has been consistently gaining share in NA.

IMHO the beef industry has been improving its quality and consistency,
but it still has to overcome some disappointment in value.

The number of people being advised to reduce or eliminate caffeine
consumption should prompt an herbal coffee substitute.

I will be expecting a newly found anti oxidizing coffee replacement being
recommended on this site soon.... a lot of innovators here.

The price of downtown Manhattan housing is astronomical.... reflecting the
extremism of the trading, dealing, and speculative culture.... which produces
little real good or necessities.

A crazy world indeed.... especially for my age and era.

Cheers Bill

[Burbert]

Oh my god, who'd a thunk it, goof courses
closing. Times is gonna get tough, the
tough, gotta get goin. No goof courses,
oh well, lets get involved in gag, its a
huge amounta fun and a way ta spend lotts
and lotts a money.........

[hedgehog]

an english farmer recently bought a golf course, it now growing a nice crop of wheat.

[sumdumguy]

Lake Las Vegas Resort has 3 abandoned
courses. Lentils would look nice there. Maybe
Pinto Beans for the Hispanic population.

Celine Dion has a mansion there.

[hobbyfrmr]

Dumdum not sure if you are being sarcastic, but,
there is some logic to your thoughts. A grain
cleaner and bagger, you may be surprised at how
much shelf space you would find in Las Vegas.
Celine Dion may not buy your production, I
suspect fortune and fame has refined her pallet!