FCC Video: Ontario Farmland Values Increased 11.9% in last six months. Will it continue to increase?

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Permalink Reply by Roadrunner on April 23, 2013 at 2:51am

I am happy with the run up on land prices, we own most of our farm.

Prices will likely stabilize now with potentially lower grain prices and if interest rates start to creep higher.

Right now, everyone wants land and is fighting for every farm that comes on the market.

Only a few years ago, there was more land available and it was not generating the bidding wars we are hearing about now.

What goes around comes around.

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Permalink Reply by Joann on April 25, 2013 at 5:39am

Gold is destabilizing. The stock market was riding a wave due to quantatve easing and the printing of American dollars.

Bail outs are at the max and now bail-ins are the trend to insure bank viabilities. (Please read the last federal budget about bail-ins)

If our economy goes south, personal equity will decrease causing people to retract in investments. Land price, I believe will then correct itself.

But we must remember that history has shown that when economies fall in dramatic fashions, governments take what they need/want to stabilize the country. Money, gold, food, etc, have been confiscated in the past for the "good of the public"......but land is an asset that the government the government can not take.

Better to invest in land than having cash in a bank.....a lot of people are thinking that right now....rightly or wrongly...


Roadrunner said:

I am happy with the run up on land prices, we own most of our farm.

Prices will likely stabilize now with potentially lower grain prices and if interest rates start to creep higher.

Right now, everyone wants land and is fighting for every farm that comes on the market.

Only a few years ago, there was more land available and it was not generating the bidding wars we are hearing about now.

What goes around comes around.

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