Posted on 09/07/2010 6:14:32 AM PDT by blam
Play nice, Ditter.
He sure is... We pulled out most of our IRA and bought land with it last year, as well as other essential preps.
I am always nice, well........ most of the time I am. ;o)
Not "the first time", but "the first time in a long time".
It hit either $44 or $48 (I don't recall which) in 1980.
LOL
I was foolish enuf to buy the book. Badly written (for the most part) Survivalists vs NWO wet dream.
Much of the so-called survival information is hopelessly dated or illegal (document & paperwork stuff). OK back in 1970 or 1980 - but not today.
The current edition is re-re-write of some earlier stuff. And it shows.
A better read would be Last of the Breed by Louie L-Amour. At least it has a story.
Where do you suppose the populations of Minneapolis, Chicago, St Louis, etc will head looking for food? Certainly, not everyone will head your way, many (most I'd suspect) won't even make it out of the cities. Actually, there may be more danger from CR, lIttle Chicago, DM, etc.
IF things keep going the way they have, I may move back up there and help him...
There are professional Farm Management companies who guard against the threats you mention. There are also plenty of responsible young people who are just aching to expand their crop acres, but simply cannot put the money together to buy.
I now rent to the big farmer what I have left.
but out here in the cornfields of Iowa there aren’t many crooks.
You have a point, in fact, one I have been thinking about, since I live just 45 miles from the junction of IA, WI and MN.
Rochester, MN is also full of Somalis.
My road can be easily barricaded at two points and it would take a fair number of folks to man those barricades. I am simply betting that most of the thugs will stay on their motorcycles and go on through to larger cities with warehouse storage.
There is little to eat in the country before harvest and even then, it is mostly feed corn, which is only edible by humans while it is in milk. Soybeans aren’t even ripe until October and good luck going out and harvesting those by the handful and having anything much to eat. Butchering a cow is a lot of work and if it IS a cow and not a steer, barely worth it. Bulk tanks are worthless without refrigeration or evaporative cooling. At best, the milk would be good for 24 hours and quickly given to family/friends to turn into butter and curd. Pigs are easier to butcher and cook, but it takes staying in one place for 24 hours.
The land itself is a hole into which one must pour inputs made from oil and gas or else use manure, which grosses out most city people.
Yeah, there are people out there who will burn down anything they can for the hell of it or shoot anyone they see, just to do it. Put the first bullets in their gas tank or tires and then shoot them.
Frankly, I am pretty certain our Sheriff will have the main roads blocked and manned with adequate firepower before things get too far out of hand. In this next election, we are vetting our Sheriffs on their ability to stand up to the Feds, as well.
I suspect FEMA will rush into the majority minority towns with water, rations and generators/fuel before too many can decide to loot the fields. I don’t anticipate a Mad Max scenario, anyway. I expect to see the NG and State Police out in force and perhaps Executive Orders from the Governors to plant fencepost-to-fencepost.
We aren’t all that defenseless and the thugs aren’t all that smart.
As for the hedge fund guys, well, we still have clueless developers out here trying to sell fallow ground for $5k/acre. There is one farm with no improvements for sale for $999k, just a few miles from here. The only *takers* are Chicagoans offering half-price. I hope the hedgers know how to farm, because if not, they will be assessed as recreational property at a much higher tax rate.
Point well taken. Thinks seem nearly out of control in CR
ETF?????
And quite a story it is.
>> Buy up any inexpensive rural land
What the hell is “inexpensive rural land”?
Is that an oxymoron? Like “spare change”?
(I’ve been looking at rural land to purchase since last year. The inventory is good, but ain’t none of it inexpensive!)
He’d better join the Amish.
Compared to urban land - where prices are upward of $200 per square foot for office space that cannot attract renters that will cover that expense, a lot of rural land has a positive return on capital.
Compared to unprofitable urban land going at $8,000,000/acre an acre of rural land that's profitable at $6,000/acre is very inexpensive.
>> an acre of rural land ... at $6,000/acre
If you can get good land (I’m not talking about garbage, but good land) for 6K per acre, you’re not shopping in the market I’m shopping in, that’s for sure, FRiend...
More like $10K/acre.
Just going by the IA 2009 aggregate. I'm sure you're a better judge of quality land than a generic index.
If it's profitable at $10K/acre that's way cheaper than unrentable office space at $200/foot.
>> Just going by the IA 2009 aggregate.
Roger.
>> I’m sure you’re a better judge of quality land than a generic index.
LOL! I hope so but, frankly, only time will tell. To be fair, I could live pretty much anywhere where there’s decent land, but Mrs. Tick is a bit picky, so it narrows our choices down considerably. :-)
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