• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Land prices

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts

    #41
    I have to laugh. I was told my Grandfather told his sons and son in law they were crazy paying $5000 a quarter. When I paid 10 times that for the same land, who would have thought their investment would be ten times what they paid. Now, we are at about 4 to 5 times what I paid and am a little over the hill in age and have more time left, God willing(with my help of some clean living, ha). But I thought the power of appreciation was diminishing at these higher values. We'll see. Anyone have a functioning crystal ball?

    Comment


      #42
      Some may have to take my word for it but if you where to take a gold chart over fifty years and over lay a land price chart they would be freakishly the same. This is no accident or coinsidence. It's mechanics of the market.

      Comment


        #43
        I agree cotton.

        Comment


          #44
          Dont think anyone thinks gold is going back to 35 an ounce and land is going to 35 an acre so what happened?

          Nixon took the us off the gold standard because Charles degaulle started redeeming paper for gold because he seen the spending and the prolificacy of the government. It was obvious gold was going to fly upward in dollar terms and nearly everything else had to go up because of the money supply and debt so Nixon had to let it float on its own. What people fail to understand is inflation is a tax. Apparently that doesn't matter anymore people want the government controlling everything.

          So anywhoo fast forward to the eighties and the top guys realized things where spinning out of contr so they brought volker in to contain the situation. He jacked the rates and gave the medicine to the economy and it survived .savings,capital formation and all that macro stuff .fast forward to today and its a whole new ball game. Maybe there is some plan to fix it but I have not read it or seen any sort of evidence one is being implemented other than the out right manipulation of the entire market to put off the day of reconning.on the last day of the year the debt went up one hundred billion dollars.

          This stuff is all very related to the price of land.

          Comment


            #45
            A little confused. Are rising land prices a good thing or bad thing? The only comment I got is that it depends if you are a buyer or seller.

            Is land an investment or an asset that produces income?

            Comment


              #46
              well what I find odd is the fact that no other businessman cries when his asset goes up in value because he might want to expand in the future. Farmers on the other hand go nuts when their biggest asset gains value. Question:the guys that hate it because land isn't 50,000 a quarter,why aren't they selling out then at those prices? I have a feeling that anyone on here bitching about land prices would be asking maximum dollar for their life's work and investment if they were selling.

              Comment


                #47
                "Is land an investment or an asset that produces income?"

                I think the people who both see it and use it as both have the most to gain, if they can stomach the risk!

                Comment


                  #48
                  I agree cotton.

                  Comment


                    #49
                    By the way,couldnt have said it better myself MBGROWER!!!!!!!

                    Comment


                      #50
                      Here's is an interesting angle for people to ponder....why stop at farmland investing? why not allow homeowners in cities, town and villages to sell the land that their house sits on to investment funds, cpp or anyone for that matter and rent it back? What could possibly be wrong with that

                      Comment

                      • Reply to this Thread
                      • Return to Topic List
                      Working...