Calling the top in farmland right here

[GDR]

Not sure on land prices, doesn't seem to be a shortage of money or willing buyers here. Having said that we are in the process of buying some land from an estate, been tied up for a year through the estate and we've now had 3 interest rate increases since we agreed to a price. Sure does impact those payments, would think some guys are gonna have to put the breaks on at some point.

[furrowtickler]

I know a lot of farmers with “oil” problems NW of here as well . Not fun to deal with , but ... try farming with any of that extra oil revenue at all .... zero ... then enter the conversation of land prices . Every thing comes with a price . But farming strictly with zero extra income from oil is a far different issue. I personally know many farmers out in the patch that have 2 years of grain in bins to avoid tax’s .... that is a far different ball game than most of us , I don’t care how you spin it .

[checking]

I wonder if Community Planning has ever listened to anyone in their entire existence. They are suppose to take direction from the departments with the experts in the parts that make up the CP subdivision approvals. Instead CP appears to make its own protective turf decisions that affect plans (present, past, and future) of multi use rural property.

Hey, Pharma.

Buzz Lightbeer will make you delusional. Try Duff.

[ajl]

Not sure on land prices, doesn't seem to be a shortage of money or willing buyers here. Having said that we are in the process of buying some land from an estate, been tied up for a year through the estate and we've now had 3 interest rate increases since we agreed to a price. Sure does impact those payments, would think some guys are gonna have to put the breaks on at some point.

Offered on some land in July 2017. Offer was rejected. For sale sign still on the parcel today. Since the for sale sign went up originally, there have been 5 interest rate increases. Yeah land always goes up.

[Guest]

Offered on some land in July 2017. Offer was rejected. For sale sign still on the parcel today. Since the for sale sign went up originally, there have been 5 interest rate increases. Yeah land always goes up.

I know you're being sarcastic lol
anyone that thinks land won't drop is delusional

[the big wheel]

I don't think there was one person on here that said or thinks land can't go down but there's sure are a few that are truly delusional possibly mentally challenged to think that the oil industry hasn't had an effect on land prices.
You'd have had to be smoking up 24/7 to not see that effect. So I guess truduea was right to make it legal for a few just so they don't get into trouble. Hahahahaha

[Rareearth]

Land prices don’t have to drop...

Interest rates don’t have to go up ...

There doesn’t have to be a government debt inspired collapse of the economy ...

Markets actually like stability, yet thrive on instability

Why can’t the can be kicked again?

[checking]

The big wheels on the bus go around and around...

You never catch up on lost farmland opportunities, in this area. caused by oil field development.

The shit that is buried in the ground for the past sixty years, much of it unknown, is astounding. No tracer wire used, grader depth here, vac truck costs that multiple times eat up what the landowner received initially for the whole line, just to get basic services to your new farmyard. Yeah, that oil premium surface lease money on farmland is a honey hole!

Where else on a land farm can a company go in identifying one active line, and one abandoned line, and find more by hitting one additional active line, and two additional non used lines?

Oops... delusional and mental.

[farmaholic]

Hey, Pharma.

Buzz Lightbeer will make you delusional. Try Duff.

The last time I checked the FLSB(Sask), in our RM there were no land transactions since about last December. I know of some signed offers to purchase but they are months or nearly a year old already so when they are registered they aren't even new transactions. Seems things are slowing down in and around the Ghetto.

But it CAN'T go down...

[newguy]

It gets sickening on here with the land is going to crash threads. No other business Hope's for a disaster on their biggest asset's. But hey I'll take a new 1 ton diesel for a hundred grand and a new sled for 16,000. What a great deal. Wake the **** up already.

Only reason farmers want land to go down is because they missed opportunities in the past to buy and they want to turn back the clock for personal gain.Every land price cycle is not the same.I said on here years ago watch trends in Alberta to predict trends in sask.I also said on here many years ago buy good land and land near population.Hope all the farmers waiting to scoop up the young guns for pennies on a dollar end up disappointed.