Money in Bank vs Owning land? I think the tides have turned.

[grefer]

I saw more of the son using his dads assets for collateral for loans they shouldnt have been given and then it all went in the toilet. 50 something parents with only the home quarter left in many cases and the son moved on to some other occupation. Sad to watch.

[malleefarmer]

land always.

housing bubble hasnt burst here sydney some of most expensive real estate in worl is in worrying decline and rest of aust will follow

[LEP]

land always.

housing bubble hasnt burst here sydney some of most expensive real estate in worl is in worrying decline and rest of aust will follow

Mallee, you back on your feet after the piss up at Wynarka?

[Guest]

Going by the chart guess we bought at the peak of 1982.
21% interest to.
Wheat at that time was $8.00.
Inputs sweet tweet compared to now.
Loan was paid for 3 yrs.
Neighbors lost theirs to banks and bought back for half price..
Some will fail regardless of price.
Some will survive regardless of price.
Management is key.

like, like, like , like
happened all around us
it's all about pride in ownership, some have none

[Bowerpower]

As the third generation to operate our farm it has always been the idea to grow the size of the farm. It is well understood that generally more acres are needed to be viable. The farm has bought land through the decades not as an investment but as something that can create wealth for the farm. The idea that the land appreciates in value is expected in the long term but there has never been the intent to liquidate the land at some point. The next generation will be farming the land and the succession plan should give me a decent retirement income. In my opinion it would be a shame to expect the next generation to pay market price and put themselves behind the 8 ball. I saw this in the 80's where the son bought out the dad and within 10 years or so the farm was gone.

👍 the blueprint to continuation of a family farm.
As for land going down. I think it should based on productivity of the land to the current value. But too many factors to say if and when that will happen.

[sumdumguy]

Not everyone’s bag, you know.

[SASKFARMER3]

The whole idea of this post is to show that maybe the investors are getting ready to leave the land market. Farmers buying might be on the wrong side if a drop happens. Chinese who bought low and sold the first time to other Chinese made out great the second not as good but if a Canadian farmer bought the last sale they're holding the highest price.

The reality of this article is why would I hold land that I rent out for 50 or 60 or 70 when I can make 100 doing shit all and get two checks a year.

[farmaholic]

Is the capital in the bank from the sale of the land guaranteed(no market risk)

Are the annuity payments guaranteed without eroding the capital base(eating into the cash from the sale of the land).

Maybe there is nothing wrong with capitalizing on high land values(if you think they peaked) and squirrelling the cash until land prices soften(if you think they will) then buying more land closer to your home base.

How about a year round residence at the lake close to home?

[foragefarmer]

Sk 3

"Wife and I just had a meeting last week with RBC wealth management to discuss some thing and move cash around. USA account was a good idea years ago for home in Florida. "


You just met with the expert from RBC, to "move cash around" and you come on Agriville to discuss it? What are you paying him/her to do?

Then you complain that governments ignores Ag in general on other threads. We all know there are all sorts of people are reading this site, and what do you think they say to themselves when they read your post. "Moving cash around" boy are those farmers ever suffering!

Can you not keep this type of shit to yourself for once!

[quadtrac]

Sk 3

"Wife and I just had a meeting last week with RBC wealth management to discuss some thing and move cash around. USA account was a good idea years ago for home in Florida. "


You just met with the expert from RBC, to "move cash around" and you come on Agriville to discuss it? What are you paying him/her to do?

Then you complain that governments ignores Ag in general on other threads. We all know there are all sorts of people are reading this site, and what do you think they say to themselves when they read your post. "Moving cash around" boy are those farmers ever suffering!

Can you not keep this type of shit to yourself for once!

For the first time I very much agree with something you said.
People that have to constantly toot their own horn are generally lacking something....

[Richard5]

Sk 3

"Wife and I just had a meeting last week with RBC wealth management to discuss some thing and move cash around. USA account was a good idea years ago for home in Florida. "


You just met with the expert from RBC, to "move cash around" and you come on Agriville to discuss it? What are you paying him/her to do?

Then you complain that governments ignores Ag in general on other threads. We all know there are all sorts of people are reading this site, and what do you think they say to themselves when they read your post. "Moving cash around" boy are those farmers ever suffering!

Can you not keep this type of shit to yourself for once!

S3, I totally agree with the above also

You constantly have the audacity to post something like this and then complain about how you have been in the so called flood zone forever. Like really, think before you speak.

I don't mind the topic but post it in such a way that you don't boast and brag about all your millions that the vast majority of us can only dream about or in my case, don't dream about because simple things in life are more important.

My god, you are such an ass at times

[SASKFARMER3]

Ok to you all I am showing land vs selling land and it will pay 100 a acre.

This is marketing page discussing options.

Not bragging explaining something.

Wow some of you need to get out some times


Farm is farm and other things are other things. Farm had to make it on its own.

Flooding years cost huge dollars land lost etc.

Now farming in our area is back to normal rainfall etc.
Weather gives a crop and a farmer just adds some of the things needed but again its weather in growing season that is the secret.

But shit like this offends some of you. I posted in rough times and I’ll post in good. It’s farming the boom wasn’t going to last for ever and the floods weren’t either.

I’m saying this summers weather is normal.

Now back to the topic why would a investor want land vs having the above type of investment.

How many get the 100 a acre.

Maybe I’m just showing a heads up that some of these investors might soon leave.

But a few just hate what I post and I really don’t give a F$&k.


Have a great day