Does anyone think about...

[GDR]

Yeah prices are definitely getting to fairly inflated levels. Here is a a farm that was listed just a few days ago.
http://www.timhammond.ca/Listing/ViewListingDetails.aspx?listingId=261545697

Looks like a nice place. Not sure how the assessment value works in SK but if it more than doubled from 2016 to 2017 why would they show that on the listing. Would be a huge red flag to me as a buyer thinking what goes up must come down.

[farmaholic]

Looks like a nice place. Not sure how the assessment value works in SK but if it more than doubled from 2016 to 2017 why would they show that on the listing. Would be a huge red flag to me as a buyer thinking what goes up must come down.

Sask land values were in desperate need to catch up but its gone too far

[dalek]

Shaming white settlers. Making it so that if you're a white male you are evil scum. Trying to redistribute wealth.
Trying to censor the internet.

All recently. That's what scares me the most about Canada. This is Argentina in the 70s and 80s all over again.

I worry about the future my our kids will have too.

Canada's a great country but we are making a royal mess of it.

So in addition to stocking up on guns and ammo what would have helped in Argentina?

[Klause]

So in addition to stocking up on guns and ammo what would have helped in Argentina?

They got rid of the perronistas through a military revolt. Shot all the instigators in the head. Removed / kidnapped the left leaning university profs. And then worked their way through the civil service... Bloody, painful and took years.


If they would have cut off the instigators (university "professors") to start with it wouldn't have gone that far... We see it here too
Too many humanities profs in their 30s work no life experience teaching 20 year olds hoe great socialism is... Already happening in primary and secondary school too.

Just my theory...

And no I'm not advocating we resort to any kind of violence. That doesn't solve anything.

[SASKFARMER3]

Argentina history is very interesting.

I always say history should be taught again so people don't repeat.

But no.

Educated young have no clue at all.

[Klause]

Argentina history is very interesting.

I always say history should be taught again so people don't repeat.

But no.

Educated young have no clue at all.

Educated young here (University students) have told me how it was in Argentina... It's funny to hear about how things in your own country happened from an "expert" who can't say matar el paraÃso socialista much less ever set foot in Buenos Aires... Everybody glorifies Perron here...

Nobody talks about how his armed goons walked into hospitals and killed any blond haired blue eyed new borns...

How if you were white and owned a house you were refused health care... Or drivers licenses... Or jobs.

How people (including our neighbours) were dragged out of their house by armed millitia and shot in the head in the street.

However you hear about the atrocities by the "right wing" military that stood up to that piece of shit and removed him and his cronies from power... they are evil after all.

[Oliver88]

Argentina history is very interesting.

I always say history should be taught again so people don't repeat.

But no.

Educated young have no clue at all.

University professors and "professional students" who constantly praise socialism should go live in Venezuela for a year and try to survive on the same income the locals do.

[farmaholic]

.........Forever?
.........Move somewhere else to farm?
.........Buy back in here if land "corrects"?
.........Retire and say ****-it (I'm "middle-aged")
.........What about the successors?

Time for you to chime in again bucket..... Have you had some time to read and mull over the responses?

Buy your canola seed months in advance! Buy your fertilizer in the middle of summer for next spring(some may be lucky if they can pay for the previous season's before next spring!)! Retarded land prices driven by non-farming speculators.... if the farmer wants to play he will have to pay(some will and have).... In this area it isn't the independentfamily farm producers who drove it up to where it is now---****ing near impossible for a young farmer to get his toe in the door! The price of machinery and the cost of repairs....you could buy a decent house for the price of a piece of shit combine that will depreciate to scrap iron values in twenty years! And then there's marketing scams and schemes..... most people I've talked to after they quit said marketing is what they miss the least! Weather can be a cruel bitch, and remember my cliche...wouldn't it be nice if it didn't matter. And then there's risk.....

[fjlip]

.....selling out given the high price of land machinery and lack of infrastructure to move the crop in a reasonable time frame and lack of market access etc etc etc...

Yes quite often, like when it snows and turns to winter.

MNP incorporated us and last meeting their opinion is farm, farm less, rent all, rent to son or sell ...every option on the table. No tax issues any more, buy anything we want... called us "mature " farm.
Huge sigh of relief after Libranos backed off their tax grab.

[Guest]

Trouble is you still like it too much , i can tell , lol

[Ache4Acres]

SASK FARMLAND PRICES - I have to think that combined with the lower commodity prices from world overproduction and the rising cost of iron and inputs...this has to retrace....but then again...trillions of dollars of easy money around the world needs to land somewhere...just ask someone in Vancouver.

Maybe it is all going into Bitcoin now???

[farmaholic]

A4A......if you had to "guess", where do you think it will land or even plateau? I think we can all agree the bar has been raised.

Anyone seeing a chink in the armour yet? Flat to lower prices, slowing land sales, lower rents?

[Ache4Acres]

Haven’t seen the chink yet farma...at least not locally. Prices here as strong as ever. Rents still high.

[farmaholic]

I still think we are going to see a bit of a "reflection" of that last parabolic line in that chart A4A. How much, I don't know. ...and unfortunately, maybe not before I have some bought!!!!

We'll see...."time" will tell and doesn't lie.

......bucket....or do you cash out before the reversal starts or you begin to see the reflection?

Hypothetically....

If you had the chance to try and "catch a falling knife"(buy some land beside you in a declining market) would you try and grab it...and risk getting cut? Or would you wait for it to show signs of it "landing"....then just "pick it up", but risk someone else trying to catch it or pick it up before you try.

I am willing to pay a premium to buy that missing piece of the puzzle or make the block bigger.

[zeefarmer]

Sure looks enticing to my dad. Selling his little bit would bring a really nice sum. Renting it out would bring almost the same income with ZERO stress or risk. I'm on the other end of the age spectrum, trying to get in, and I'm about ready to say screw it. Cash rent is ~$100/ac, land sold the past month is $3500/ac. This is jdgreen territory, not the Red River or central Alberta. No investors here.

The only way I can see myself getting in and staying alive financially is to do custom work.