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Interesting "historical" numbers.

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  • farmaholic
    Senior Member
    • Sep 2010
    • 17471

    Interesting "historical" numbers.

    Click image for larger version

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    Some say the repeat of late 80's early 90's won't happen.
  • farmaholic
    Senior Member
    • Sep 2010
    • 17471

    #2
    The value of a 10-15% drop in today's land values is what I paid for most of my land....lol.

    Multiple years of those decreases and it gets real ugly.

    But it can't and won't happen.....ever!

    Comment

    • BreadWinner
      Senior Member
      • Jan 2008
      • 1493

      #3
      Im not sure it’s actually a rise in farmland value but more of a indiction of inflation. I think a machinery cost $ chart would show similar increases.

      Comment

      • blackpowder
        Senior Member
        • Feb 2010
        • 9241

        #4
        Depends on interest rates.

        Comment

        • farmaholic
          Senior Member
          • Sep 2010
          • 17471

          #5
          Originally posted by BreadWinner View Post
          Im not sure it’s actually a rise in farmland value but more of a indiction of inflation. I think a machinery cost $ chart would show similar increases.
          Ahem, I doubt farm machinery prices went down.

          Comment

          • farmaholic
            Senior Member
            • Sep 2010
            • 17471

            #6
            I honestly think some land is being traded around here at values that investors aren't even interested in.

            I wonder if the party is just about over?

            Comment

            • jazz
              Senior Member
              • Jul 2018
              • 9308

              #7
              Originally posted by farmaholic View Post
              I honestly think some land is being traded around here at values that investors aren't even interested in.

              I wonder if the party is just about over?
              Imho Canada will be flirting with negative interest rates this time. In that scenario assets like land will rise.

              This is a whole new ball game.

              Comment

              • farmaholic
                Senior Member
                • Sep 2010
                • 17471

                #8
                I have no land bought that even a 50% correction would hurt me. Hell, not even a 75% correction off today's values.

                I'm good to go.....

                Current values make me nervous. But so did the purchase price of land I bought 15 to 35 years ago, lol.

                Is it ok to "lol" now?

                Comment

                • AlbertaFarmer5
                  Senior Member
                  • Oct 2010
                  • 12480

                  #9
                  Originally posted by farmaholic View Post
                  I have no land bought that even a 50% correction would hurt me. Hell, not even a 75% correction off today's values.

                  I'm good to go.....

                  Current values make me nervous. But so did the purchase price of land I bought 15 to 35 years ago, lol.

                  Is it ok to "lol" now?
                  It is never ok to lol, now that the precedent has been set by the chronic lol'er.
                  Make Agriville Great Again.

                  Comment

                  • Austrian Economics
                    Senior Member
                    • Feb 2020
                    • 365

                    #10
                    As interest rates fall, asset prices will rise. The trend in farmland values, especially since 2008, fits this pattern perfectly. It will be interesting to see what mayhem occurs when interest rates go negative across the board.

                    Comment

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