Sk, I can see where you might get that impression from me, lol. In this thread and every other that this topic comes up in.
But in all honesty and hopefully you can respect the opinion, why wouldn't I think it's too much when I want to buy and it doesn't pay for itself. Ya and did it ever pay for itself any time in the past.... probably not over a short term amortization and likely even less now than ever.
I honestly don't think anything I said is out of context.
I fully understand your comment about me thinking my biggest asset is worth too much. Over time, land has been the best investment I've ever made..... but I think we are at the same place we were in the late eighties and early nineties....(there I go again!!!). I don't have the same amount of "time"(the type that matters) as I had when I was in my early twenties back then.
Canola isn't $8 a bushel, decent wheat isn't $3.50 a bushel, feed oats and barley isn't $1.75 a bushel, flax isn't $7 a bushel, lentils aren't 15 cents a lb. canary seed isn't 12-15 cents a lb. peas aren't $5 bushel..... so maybe farmland shouldn't be $4-500/ac either.... But commodity prices aren't 4 times higher now like land is!
But in all honesty and hopefully you can respect the opinion, why wouldn't I think it's too much when I want to buy and it doesn't pay for itself. Ya and did it ever pay for itself any time in the past.... probably not over a short term amortization and likely even less now than ever.
I honestly don't think anything I said is out of context.
I fully understand your comment about me thinking my biggest asset is worth too much. Over time, land has been the best investment I've ever made..... but I think we are at the same place we were in the late eighties and early nineties....(there I go again!!!). I don't have the same amount of "time"(the type that matters) as I had when I was in my early twenties back then.
Canola isn't $8 a bushel, decent wheat isn't $3.50 a bushel, feed oats and barley isn't $1.75 a bushel, flax isn't $7 a bushel, lentils aren't 15 cents a lb. canary seed isn't 12-15 cents a lb. peas aren't $5 bushel..... so maybe farmland shouldn't be $4-500/ac either.... But commodity prices aren't 4 times higher now like land is!
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