Input Capital

[furrowtickler]

Some of the farmers using this scheme were to desperate to care - more land more iron - giver on someone else's dime till it comes time to pay the pipper .
They catch desperate clowns trying to keep up to guys with real money

[Partners]

I think some of the Large Farms here are married to this group to..Can't wait till the curtain falls on them..hahahaha..

[furrowtickler]

One issue I have is that good local land will now be in investor hands - not available to those locals who could use it . This is a bad thing long term imo

[farmaholic]

.....credit of last resort.

[Partners]

Furrow..the local land is already backed by investors....Just the Family Farm is on the RM map..No change...

[iceman]

I would love to see the list of farms who are hooked up with them. I bet it would blow your hair back.

All this thing does is give a guy a little more rope to really hang himself

Icy out

[tstep]

Wish this govt would close up those loopholes to get rid of these investors. If you are not farming it or have not farmed it in the past then you can't own it.

[tstep]

Wish this govt would close up those loopholes to get rid of these investors. If you are not farming it or have not farmed it in the past then you can't own it.

[ajl]

When rural western Canada is all owned by investors and all wealth generated their is shipped off to Toronto, Vancouver, New York, and Beijing there will be nothing but ghost towns on the Prairies and nobody is going to what to live there. The real solution to the problem is a return to market rates of interest and stopping with ZIRP or NIRP. (Negative Interest Rates). Asset speculation will dry up and only legitimate investment will occur.

[SASKFARMER3]

What I don't get is why any one who attended the idiotic buy farm meetings in Ontario Calgary and Vancouver were a good thing to invest in.

Yes land was a great investment back at 40 to 80 a quarter in Sask Hell what's the old saying buy low sell high.
Oh idiots buying at high and expect a return. Now some deals are subject to real-estate finding a renter. Or as I call it a idiot to work for these investors.

But here is a example north of me, Guy buys property for 130000 its a deal wow we are going to do so well. Found out its not 160 acres because of excess rain its now 130 acres. Rent is 40 because that's the way it is up there. Guy makes 4% on his money. Oh wait he has to take the RM taxes off the property so he is making 3%.
Ah genius I make on my investments 6.75 at the low end but yes you have to be watching and moving stuff around.
Oh land will go up yep that is true but if you bought at the peak in 1981 and didn't loose the property and paid it off slowly today that land is worth more than you paid. Sadly only one guy in our area who purchased at the top of that cycle made it to the end with out dying or going bankrupt.
Cycles repeat and this one will also.
My thinking is 400000 land will drop to 250 and 250 land will go to 160 and 130 will drop to 75. Never will it go back to the 40 to 50. But a drop is coming look at Kansas etc. its happening and Canada is usually two years behind.