here she blows

[ALLFARMER]

Real estate is the most common way people become wealthy. Self included and most other farmers.

[Hopperbin]

On top of it 80s had high interest rates that some got locked into. The savior and driver to land prices now is low interest rates. Even that is maxed out. Investors want profits. Locals dont have enough cash to take over the debt. Should be downward pressure. Jdgreen can only purchase so much.

[JDGreen]

hopper you make buying a couple of sections sound like a big deal. Get with the times man

[newguy]

Every area has different drivers in farm land prices.. Saskatchewan population is still growing and unemployment the lowest. The last few years Saskatchewan has leaped up with the rest of the country in housing and average job income and farm land prices. I do think some types of land the prices may soften but as long as out population continues to grow do not look for a crash. In fact some pasture land that sold at a much lower price here should be going up soon. This may even out the slight drop of grain land and result in a level off according to stats.. Money brings people ..People bring Money...

[freewheat]

But the land has to generate a positive revenue. Year after year. One thing no one wants to talk about, is that in the 1980's, inputs were tiny, risk was much lower if you had not jumped on the land buying bandwagon. LOTS of guys made out VERY well in the 1980's, if they had been even a little frugal and sane.

30 bucks an acre got one a lot of inputs. Now some guys are saying they have 300 bucks in a crop.

Counting on 300 bucks of revenue, year in year out, in a place with as volatile a climate of Saskatchewan, is just plain dumb.

Bottom line, is the land has to create a positive net return, or prices crash. Sure interest rates are currently "saving" us, but input costs are IMO the new issue. IF the Regina/Saskatoon corridor were to get anything like the edm/Cgy corridor, sure, there is population pressure. But out in the country, 3 hours from anything, there is zero population pressure at all, no oil, and so prices are based more in reality.

[newguy]

Very few years has buying land penciled out. Back in the 80s banker said it would not pencil out if you got it for free.. Farmers have always used assets built up to make it work to add more acres. If you look at different areas you will notice price of land has more to do with closeness to populations then return on investment. That is why I say..People Bring Money..Money Brings People...

[Hopalong]

From experience, best time to buy was when it would not pencil out.
When it would, everyone else was buying.

[cottonpicken]

Lord thank you for giving me the strength not to freak out.

Interest rates in the eighties went there to stop what was happening,to stop gold dead in its tracks,to stop wheat climbing,etc,etc,etc.....it was the medicine we needed and could just barley take....

And a few days ago the g-20 decreed deposits as shareholder equity,but who really gives a shit anymore about how it works or what is happening....

[rkaiser]

Please explain the G20 decreed to make deposits "shareholder equity" for those of us who do give a shit cotton.

As a matter of fact caring, or giving a shit, is a major issue. And not simply caring about our own personal assets.

The amount of fraud and fixing these days at all level including the G20 is one of thousands of signs of desperation by those who feel they have control as the petro dollar fails.

Time to consider repatriating your land and declaring it, and yourselves sovereign folks...

The one I like is the manipulation of gold and silver as it becomes the obvious alternative.

Seriously folks, those of you who attach "wealth" and "monetary value" to "life" need to jump on gold or silver. It is being intentionally suppressed for the hoarders.

A much better situation has already begun. You will all be fine.

Just quit contributing to the "system". More is not always better.

And I never heard that from any of the women in my life...LOL

I am talking about "more" land - "more" yield with chem farming and ranching, "more" bigger twactors, and the real big one ---- "more" debt.

Cause when it comes down to it - that is all we have in the western financial system ---- "more" debt.

And the part that no one wants to talk about and send old Kaiser off to the nuthouse is the fact that most of that debt has been through fraud and is supposedly owed to an elite group of banksters who highjacked the "system" years ago.

Canada had a real bank prior to the 1970's, and then chose to follow the USA and pay these banksters interest for money that the government used to create.

God ladies and gentlemen - if you don't want to wake up now, wait it out and see what happens. But please don't be fearful. Like I said, it is nothing but good that may seem bad when it happens. It will effect each of you in your own individual way depending on what you were thinking and wishing for when you chose your asset path. --- But will ultimately be good for everyone.

[farmaholic]

Not even Paulette??