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Land prices rising in Canada
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John In Ontario
Posted 4/25/2018 12:03 (#6729955 - in reply to #6729763)
Subject: RE: Land prices rising in Canada



Ripley, Ontario Canada
I actually do hope the high prices bite them in the ass, I don't care what crop you are growing in Ont, except maybe some veg crops, $18 000 + dirt doesn't work.

Land around me is roughly half that price and if you want to be honest about costs, use a real interest rate (5-7%) that is still at least double what land should be worth.

Not sure what it will take to knock these people down, but I am working at paying for what I have, and reducing debt where I can, with the hope that at some point when things blow up I might be able to grab some crumbs on the way by.
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