Without Renters Investors buying land Get a hard Lesson!

[newguy]

You posted they could not get 40 per
acre.Then said a bit later posted some are
paying up to 120. Which is it???

[SASKFARMER3]

New guy I said the 40 was north of me try 25
miles, god some of you don't get it.
Also this is a fight against land companies. They
are buying and driving up prices it's not farmers,
and again I have two guys in our area who run
billion dollar private companies who aren't buying.
So Chinese investors or Ontario teachers pension
etc, need farmers to work the land take away a
hungry farmer their broke! That's who the fights
with not neighbors.

[Hopperbin]

Not very smart investors there. They should have had a rent offer first then hope for more money in 3 years. rent was nuts compared to land prices anyways so locals did it to themselves, never could figure that one out.

[Hopperbin]

When cost of borrowing went up in the 80's rent went nuts. When the cost of borrowing went down in the 2010s land prices went nuts, as if its like an excuse. Not very scientific. :-)

[SASKFARMER3]

When the drought hit west sask and south rent and land went down.
When the frost hit east and sask land and rent went down.
Mother nature wins!!!!!!!

[newguy]

Thought I remember Sasks new year
resolution was to be more positive.Sounds
like your glass is still half empty to me.

[sumdumguy]

No, but reality is reality. SF3 is right. The
government has not figured out the long-term
effect of unrealistically low interest rates and has
fueled gargantuan bubbles that will end up
costing us all. They may even take down our
banking system. Government is letting foreigners
come in, borrow our money, push up the price so
our young people cant get a start, and ultimately
they will leave without a trace to pay back
nothing, but small communities will be gone. If
interest rates were 8-10%, think guys would be
paying $100 cash rent , one crop failure and
poof? Then they come crying to the taxpayer
cause poor dears are not able to buy a new
Mercedes or spend the winter in Phoenix. Thats
my rant for today.

[ajl]

Keep putting the information out there
SF3. There will be a few more land owners
joining this crew this fall. Paying big
bucks for ugly land and then shaking down
the operator has to end somewhere.

[SASKFARMER3]

New guy my glass is half full, Farmers are sticking together in a area and telling these land companies to go find some one else for your land.
Guess what its working. See these guys need US farmers. They cant work it them selves and wont.
Look at the Big boys One Moon and Broad ass They do such a good job.
Farmers who are smart will get through this!!!!!!!!!

[furrowtickler]

New guy, i think SF3 is just stating a few very well known facts. 1 investors got caught up im a buying frenzy bubble. 2 some landlords are about to figure out what karma is.
If Drew learner and Tim Ball are right alot of this will play out even more in eastern Sask and Western Man. Cool wetter trend, possible end of Aug frost combined with a latter cool spring. Might be tough to pay big rents with $3 feed wheat.