As someone who wants to have my own land, the prices can't crash fast enough. Farmer who owned the barn and land around my house wanted $15-20,000/acre for 80 acres. That's $1.2-1.6 MILLION. I can't afford that, and neither can anyone else. He passed away almost 2 years ago now, local custom guy rents the ground from his widow.
He seems alright and my wife is friends with his sister-in-law. Dad and I were just putting some equipment in a rented shed today. Another older farmer, somewhere in his 80's, and sharp as a tack. Half tempted to ask him about his land. About the only way I can get a leg up in accomplishing my dream is wait for the markets to drop and land values to tank, while I work on saving up some sort of money.
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Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
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