What happens in the USA sooner or later happens in Canada! Land Values

[newguy]

Last time things went to he'll in farming no one wanted to own farmland except farmers.So buyers were limited and prices dropped dramatically
If things go bad now lots of people with tons of money see the long term value of owning land.so price will have a pretty good cushion from dropping too far.So if you waiting to scoop up cheap land to increase your personal wealth again think your dreaming.

[quadtrac]

I thought land would level off too... wrong.

Latest in our area is same as last sale but not nearly as good of land. So in other words higher than ever.
Lots of built of cash on many farms. Nothing to do with investors.

[farmaholic]

A message to those who rent land from speculators/investors. ....you don't have to make it worth their while!!!! Quit tripping over each other, or worse yet, yourselves and don't give them a ROI (yearly rent) that makes owning farmland without the hope of simple appreciation(how much could possibly be left?) worth while owning. If buying on price increase speculation only. ....someone will end up paying more for farmland than it's worth!

So instead of being a tenant the rest of your farming career....maybe you can be a landowner instead!

When you make an "investment", do you pay more for it than it's worth? Ask yourself how much more appreciation is left in the "Sask" farmland market? I think the fat lady is belting out the last few bars and I don't know if there's an encore...and if there is....one of these times there won't be.....but keep paying rents that makes it worthwhile for others to own the asset you should!

Sorry if I offended anyone...but think about it for a second.

[newguy]

Lots of excess cash looking for somewhere to go.Land or food production where the air and soil is relatively still clean is a good long term investment

[sumdumguy]

There were lots of good investments but hindsight is 20-20. In about 1990, I read an article that predicted cottage property to skyrocket because all the baby boomers were going to retire in the next 20-30 years. Truer words were never spoken. Good lake-front property ten timesed itself easily on the lakes around here-without any worries, no crops to seed, no cows to feed. Today, lakefront is an obscene price. That's only one investment, small houses in cities too. You could buy them for around $30,000 along Dewdney Ave. fifteen years ago. They went straight up in last ten years and are worth even more demolished. Some new lots in Regina are $250,000-just 50 feet of lot. I was offered a trailer park on a quarter of land in 1994 for $300,000, but not great land and the trailerpark looked like work, I couldn't see the forest for the trees, now worth many, many millions. Moral of the story - look outside the box.