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Investor land...

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  • farmaholic
    Senior Member
    • Sep 2010
    • 17483

    #11
    Allfarmer: Personal or "Business"
    vehicle. Depending on what he is doing
    with it, earning a living or playing.
    Ultimately his business what he does.
    What is the retail price of it? No
    different than the shit I need to buy to
    make a living with... overpriced. But
    think of all the warranty--well paid for!!

    Comment

    • blackpowder
      Senior Member
      • Feb 2010
      • 9351

      #12
      land here is $2500-$3100. Sales very slow, but all
      farmers. I don't think it will fall in half like the last
      boom. My generation will be the last mid-sized
      farming in our district.

      Comment

      • tstep
        Senior Member
        • Nov 2011
        • 394

        #13
        Some land in west central has sold 1500-1550 per acre. Not sure what the assessment is on what was sold. Some more beside me did not sell because they didn't get 1600/ac. Which is 4.36 times assessment. This was investor land and they were trying to get out. Now they are trying to rent for 5.5% of the value (1600.00) plus taxes. Not sure how much interest they have had yet. I'm hoping for a correction to get rid of some of these guys.

        Comment

        • ajl
          Senior Member
          • May 2008
          • 3261

          #14
          There was some land offered by this HCI
          ventures in the Nov Western Producer. My
          guess is a lot of it did not sell. On
          sask Kijiji there is a lot of land by
          Freshwater Holdings including a 3500 acre
          block near Yorkton with rental contracts
          in place offered. Suckers wanted I am
          sure. So the smart investors are trying
          to get out.

          Comment

          • tstep
            Senior Member
            • Nov 2011
            • 394

            #15
            It was HCI Ventures that sold some in west central but still have some in area. Hutterites are the ones that bought.

            Comment

            • BTO_farmall
              Senior Member
              • Feb 2012
              • 509

              #16
              ajl - Pretty sure that land @ Yorktown sold to The Cryingpiss Colony from Cypress River, MB. Theys are Building another Colony out there, Was a few Colonies here fighting over that Land, Thee Other is Goin to The Pembina Hills, If'n Can find a Sellout. F#ck da Hutts!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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