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Old 08-25-2017, 10:30 AM
chasingtail chasingtail is offline
 
Join Date: Feb 2010
Location: Central Alberta
Posts: 1,396
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Really you need to get set up from your Dad or Grandpa it's about the only way. If you were rich and had the money to do it now your probably better off not to.

About 1-2 times a lifetime land is valued where a newbie can make a go of it if he had higher than average off farm income, usual you won't know when that is until it's to late, (Most of the 2000's) but that time is over, maybe in another 20 years, have to wait until the tail end of low grain prices and high interest rates.

Around here farmers are the richest people around the new Doctors and Lawyers, and they work a hell of a lot fewer hours a week then I do. Good for them, some one needs to have the time to coach my kids.

Another option is to marry the only child of a farmer.

Eventually high spending cash strapped governments will put in a 50% Inheritance tax, be plenty of cheap farm land then.
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