Are BTO’s Causing Problems?

[sumdumguy]

Topic of coffee shop conversation: Consensus-

1. BTO’s raised the land rents and price for ground - young locals are shut-out of land market.
2. BTO’s operate on borrowed money so payment pressure causes commodity dumping.
3. Dumping culminates in reduced returns for others.
4. BTO’s swallow up local smaller farmers, they move away and small communities suffer.
5. Neighbour interaction is non-existent. Remember the days of neighbours helping each other?

The forum is open - the can of worms is open.

[jazz]

#3 this


I will add another. BTOs court exponential risk without understanding it and risk massive flameout. Evidence Ritchie Bros catalog.

[SASKFARMER3]

I agree most wana be BTOs run on borrowed money lots of guys hero is the local high debt BTO instead of the guy who has built something slow and steady.

Input vigra is a problem

Interesting times

Snow just about gone and maybe if we miss Tomorrow’s rain we’ll fire up by Saturday

[BreadWinner]

1 BTOs pay what land is worth, happy landlord!!!
2 BTOs forward contract for cash flow, elevators can plan better!!!
3 BTOs hire lots of local people and keep small towns going!!
4 BTOs spend lots of money on new equip and parts, keep local dealers in buisness!
5 BTOs are smarter and richer than you so stop being envious!!!!
I am not a BTO but if I was I would tell you mind your own buisness!!!
OH Yes and your most likely a lefty NDPer if you hate BTOs!!!
LOL!!!!

[Braveheart]

If you compare yourself to others you may become vain or bitter.

[foragefarmer]

Keep on rocking in the free world! All the free marketer's crying that other guys are getting to big!


Especially SK3 who I guess is just a wannabe, and therefore is continually running the BTO's down!


If they survive good for them if they fail it's to bad for them!

[ajl]

The problem never was the BTO or colonies themselves. The BIG problem has and continues to be government printing money which enabled bad, ego driven, expansion decisions. Had interest rates stayed higher the last decade as they would have been without printing (quantitative easing and other such programs) farm expansion would have proceeded at a much more sensible pace with more players involved. That is the scenario I would have preferred but in did not and will not happen now.

[WiltonRanch]

The problem never was the BTO or colonies themselves. The BIG problem has and continues to be government printing money which enabled bad, ego driven, expansion decisions. Had interest rates stayed higher the last decade as they would have been without printing (quantitative easing and other such programs) farm expansion would have proceeded at a much more sensible pace with more players involved. That is the scenario I would have preferred but in did not and will not happen now.

What will happen if they lose control of interest rates?

[bigzee]

Define a BTO!! To me it’s anyone bigger than yourself.

[SASKFARMER3]

Read my post I’m the last to be jealous of local BTOs.

I get a kick out of how they farm.

Time will tell but I bet most aren’t that rich like some on here think.