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<blockquote data-quote="Brandonm22" data-source="post: 562025" data-attributes="member: 7645"><p>I am not as pessimistic about this as some. Right NOW land is in demand by the baby boomers. They have reached their income peaks and are using that money too buy trophy ranches, hunting clubs, country estates, timber property, etc. A LOT of that land is not actually making that great a $$$ return (especially if you value it at $2000, 3000, 5000, or 8000 an acre). The boomers (raised by the rugged Depression hardened World War II generation) were much fitter and more outdoorsy than my age group (~30-45); though NOT nearly as hard as their parents. There are far fewer family farms NOW than when I was a boy and certainly fewer than what the Boomers remember. The generation coming up now (by comparison) are really FAT, really lazy, and very urbanized. More so than any generation that ever came before them. FAR FEWER of them grew up on farms. They don't know who John Wayne is. They never played Cowboys and Indians, they never gardened, they met their first farm animal at a zoo, few of them hunt or fish, the Boy Scouts struggle to fill their ranks. They never saw Roy Rodgers, Gunsmoke, Gene Autry, or even Clint Eastwood, their idea of camping is renting a $140,000 motor home. They don't have the same hobbies, dreams, or passions of the much more rural, more rugged boomers. They spent far more time with their play station 2s than they ever did on the back of a pony, horse......OR A TRACTOR!!! Their culture is sports on TV, exercise in a gym, Taco Bell, and first person shooters on the computer. ~Half of the farm labor NOW is Mexicans (many of them illegals)so I have doubts as to how many of them will rise up the ladder to actual owner operator. In 10-30 years, when the Boomers have to give up their ranches and their hunting clubs, WHO are the buyers going to be???? Who will my generation sell too??? The WWII generation had a lot of children and still many of them were unable to pass the farm or ranch on. The Boomers had birth control. They have less children and thus have less likelihood of rearing a future farmer to take over the ranch. $4-5 gas means that it is going to be less affordable too live on a ranch and commute 20-50 miles to a job. Right NOW, yes a good sized ranch is going to cost $2 million or more (as fast as the govt is ruining the dollar THAT is not the money that it was six months ago).......I am not convinced that it will stay that way. IF ranching/farming becomes another business instead of a lifestyle the paper value on a lot of farms and ranches is going to be much much less than what we see now.</p></blockquote><p></p>
[QUOTE="Brandonm22, post: 562025, member: 7645"] I am not as pessimistic about this as some. Right NOW land is in demand by the baby boomers. They have reached their income peaks and are using that money too buy trophy ranches, hunting clubs, country estates, timber property, etc. A LOT of that land is not actually making that great a $$$ return (especially if you value it at $2000, 3000, 5000, or 8000 an acre). The boomers (raised by the rugged Depression hardened World War II generation) were much fitter and more outdoorsy than my age group (~30-45); though NOT nearly as hard as their parents. There are far fewer family farms NOW than when I was a boy and certainly fewer than what the Boomers remember. The generation coming up now (by comparison) are really FAT, really lazy, and very urbanized. More so than any generation that ever came before them. FAR FEWER of them grew up on farms. They don't know who John Wayne is. They never played Cowboys and Indians, they never gardened, they met their first farm animal at a zoo, few of them hunt or fish, the Boy Scouts struggle to fill their ranks. They never saw Roy Rodgers, Gunsmoke, Gene Autry, or even Clint Eastwood, their idea of camping is renting a $140,000 motor home. They don't have the same hobbies, dreams, or passions of the much more rural, more rugged boomers. They spent far more time with their play station 2s than they ever did on the back of a pony, horse......OR A TRACTOR!!! Their culture is sports on TV, exercise in a gym, Taco Bell, and first person shooters on the computer. ~Half of the farm labor NOW is Mexicans (many of them illegals)so I have doubts as to how many of them will rise up the ladder to actual owner operator. In 10-30 years, when the Boomers have to give up their ranches and their hunting clubs, WHO are the buyers going to be???? Who will my generation sell too??? The WWII generation had a lot of children and still many of them were unable to pass the farm or ranch on. The Boomers had birth control. They have less children and thus have less likelihood of rearing a future farmer to take over the ranch. $4-5 gas means that it is going to be less affordable too live on a ranch and commute 20-50 miles to a job. Right NOW, yes a good sized ranch is going to cost $2 million or more (as fast as the govt is ruining the dollar THAT is not the money that it was six months ago).......I am not convinced that it will stay that way. IF ranching/farming becomes another business instead of a lifestyle the paper value on a lot of farms and ranches is going to be much much less than what we see now. [/QUOTE]
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