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Why mega farms won't make it in western Canada?

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    #16
    Burpfart nice to see you crawled out from under
    your rock.
    Simply all the big land deals are sitting in limbo.
    No one has received any titles and only small
    deposits. So are they delaying purchases
    because they figured out that no one wants to
    over pay for poor to marginal land rent or
    purchase. Or on awesome land is rent reaching
    limit. Burpfart that's normal questions that need to
    be asked. Your BS is BS.

    Comment

      #17
      <!DOCTYPE html>
      <html>
      <body>

      <p>FAO STAT EPO</p>
      <img src="http://www.earthpolicy.org/images/uploads/graphs_tables/highlights32_FoodPrices.PNG"
      </body>
      </html>

      Comment

        #18
        Here is comparing apples to apples...I bought 1/2 section in 76 for 45000 the seller bought a house in Weyburn with the money. That exact house sold a couple years ago for 290000.That 1/2 would have been worth 150000 then.Now worth 250000.Has finally started to catch back up on lost ground but has room to go up a bit yet. Farmland vs houses in Sask has not kept up like Alberta and Manitoba. It is only catch up time.

        Comment

          #19
          "catch back up on lost ground", now that's funny... or

          two old guys talking about the value of a dollar. One says to the other, "when I was a boy, my mother sent me to the grocery store with a dollar. When I got home I had six potatoes, two loaves of bread, a gallon of milk, four steaks and a chunk of cheese. The problem today is too many *!#&* security cameras."

          Comment

            #20
            Its all about math and return on capital and inflation.

            I *** wish interest rates would spike like the early
            eighties,i could liquidate buy some thirty year bonds
            and get a job driving school bus,sell them 30's in a
            few years and buy the dow,then sell in a few years
            and buy houses in vegas,the perfect 70's-80's-90's-
            00's investment timeline.

            Alas we aint in kansas,we are all playing a very high
            stake game whether we like it or not-dont shoot the
            messenger -i'm not sure what the next play past
            tangibles is but houses in vegas are real-real cheap.

            Comment

              #21
              Lweber, are you currently actually buying farmland?

              My pea brain must work differently than some peoples, I respect your theories and predictions but that,s all they are so I will give you mine. To me land was a good buy at 80,000 even 100,000 a quarter not 260,000(relative to the area of course). It would appear that the inflation has already happened when it inflated from 80,000 to 260,000 in 7 years.

              Land should be priced off its ability to generate revenue which it has gone beyond, it is now a prized possession that people will do anything to get. Even my city uncles want to "buy some land cause its a great investment" but when it was "cheap" 7 years ago they had no interest. When guys like that want in thats when I sit on my hands.

              Comment

                #22
                Cotton, they are real cheap, and it looks like a no
                brainer. We have been snooping around there for
                years. We especially like Lake Las Vegas Resort
                in Henderson. Looks quite secure but the HOA
                fees are atrocious to keep 3 golf courses alive.

                Lots of great deals, but when you go back to
                some of these beautiful areas, there are broken
                down cars with flat tires, couches on the
                sidewalks, big trucks with blacked out windows.
                There are tons of comp rooms in Vegas and if
                you goto Hotelspy.com, you can stay right on the
                strip for under $50 a night. Right On! Thats only
                $600 a month, cant resist.
                We can't

                Comment

                  #23
                  Lweber, are you currently actually buying farmland?

                  My pea brain must work differently than some peoples, I respect your theories and predictions but that,s all they are so I will give you mine. To me land was a good buy at 80,000 even 100,000 a quarter not 260,000(relative to the area of course). It would appear that the inflation has already happened when it inflated from 80,000 to 260,000 in 7 years.

                  Land should be priced off its ability to generate revenue which it has gone beyond, it is now a prized possession that people will do anything to get. Even my city uncles want to "buy some land cause its a great investment" but when it was "cheap" 7 years ago they had no interest. When guys like that want in thats when I sit on my hands.

                  Comment

                    #24
                    Cotton, they are real cheap, and it looks like a no
                    brainer. We have been snooping around there for
                    years. We especially like Lake Las Vegas Resort
                    in Henderson. Looks quite secure but the HOA
                    fees are atrocious to keep 3 golf courses alive.

                    Lots of great deals, but when you go back to
                    some of these beautiful areas, there are broken
                    down cars with flat tires, couches on the
                    sidewalks, big trucks with blacked out windows.
                    There are tons of comp rooms in Vegas and if
                    you goto Hotelspy.com, you can stay right on the
                    strip for under $50 a night. Right On! Thats only
                    $600 a month, cant resist.
                    We can't

                    Comment

                      #25
                      Your chart kinda says it all, what happens after a violent sharp rise in anything?? Not saying it will completely crash but it will correct at some point soon IMO. I am just pointing out a possiblity as too why a few guys have not been paid in full and "land investors" are stalling. I could be 100% wrong but I do know when you look at any chart in hisotry , most will see a gradual increase in nominal value over time but there are always corections after sharp increases - everytime. Just look at all the commodity charts you have shown over the past 20 plus years.

                      Comment

                        #26
                        Aren't you a mega farm sf3?

                        Comment

                          #27
                          Did everyone know "house of the rising sun" is one of the most covered songs ever,you
                          won't see the references to the right but its true.

                          http://www.youtube.com/watch?v=bwAw9ThDQmk

                          Rumour has it when dillon heard this version he stopped the car,sunk to his knees and
                          vowed never to play it again.

                          Personally i like jimi whale in

                          http://www.youtube.com/watch?v=uagOWNwDfLI&feature=related

                          Comment

                            #28
                            Wd yea 10000 is a mega farm, right!

                            Comment

                              #29
                              The easy way to predict the future is look at the past. Not this time. Opened my eyes when driving south of Williston ND.Must be a hundred thousand workers moved into that area. Campers mobile homes and anything anywhere people can live. Estevan and Weyburn is busy but if that is a sign of what can happen hang on for the ride south Sask.

                              Comment

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