Whats everyone thing land prices are gonna do...

   / Whats everyone thing land prices are gonna do... #71  
Here's a teaser. See all the people,,,,, I didn't think so. This and other scenery like it is Colorado to me. No disrespect to those that live there, but I can't do the Front Range.


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No offense taken since I live along the Front Range. :laughing: Before all the people came in and ruined things; if one was lucky and had a hilltop lot, one would have a killer view of the mountains to the west. Speaking of which, one advantage of living along the Front Range for the directionally challenged is the mountains are to the west, so it makes it easier to figure out where you are. Unlike Salt Lake City that sits in a valley surrounded by mountains.

When I was a kid, we lived about 5-miles north of downtown Denver, and my Mom said that was the boondocks in 1956 when they bought their house. In the early 60's when I was 5 or 6, I can remember going out into my parent's backyard on a clear night and seeing the Milky Way. :) Now because of light pollution, one has to go quite a distance west or east of Denver to see the galaxy. :(

Can't think of the technical name, but it's the Black Canyon near Gunnison. Settlers crossed that ravine with their wagons and belongings. Just try to imagine such an undertaking!!!


Here's another teaser. Put Colorado or anywhere in the Rockies on your Bucket List. I've never saw an ugly place in those mountains.


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You're close, it's the "Black Canyon of the Gunnison" and is west of the town of Gunnison. Gunnison has brutally cold winters as it sits in a valley, and there is a small college there called "Western State Colorado University" Western State Colorado University that I believe was called "Western State Teachers College" when I was a kid.

That looks like Summit Lake on Mount Evans.

Okay, this is the last one, now you are on your own to go there and take yours. :cool:



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I'm stumped with that last one.
 
   / Whats everyone thing land prices are gonna do... #72  
continuing with the scenic colorado hijack :D one thing that is eminently worth doing is to take amtrak from denver west into the mountains. you can get off in glenwood springs and bask in the hot springs and ride back the next day or so. the scenery is just amazing and a lot of it is very inaccessible. there is one valley that had a large gold mine at the end. the valley has very steep sides and the stream flowing through the valley is not navigable. still, some way was required to get the gold out. what they did is to drill holes in the rock on the side of the sheer valley wall, place a log in the hole such that it is cantilevered out from the wall, and put planking on top of the cantilevered logs. voila! a road. the way i understand it, the people drilling were suspended via rope. the road has mostly collapsed at this point, but there were still sections of road still visible when i last went through there perhaps 15 years or so ago. in any case, the holes that were drilled are still perfectly visible. the hard, dirty, dangerous effort that took never fails to amaze me whenever i remember it.
 
   / Whats everyone thing land prices are gonna do... #73  
I can't say that I am optimistic that land prices will increase significantly overall in most rural areas of the country. What I do expect is that young people will continue to leave small towns and rural areas and move toward the city. People from the northeast will continue to move south. Older people will continue to leave high taxed areas and move to lower taxed areas. The Caucasian population in the US will decline like is happening in Europe but the US population will continue to increase because of immigration, mostly illegal immigration. Immigrants will move to where the jobs are, mostly near the cities that are growing.

I don't see long term land price increases in rural areas because I believe population growth will continue to decrease in these areas. As the world becomes more industrialized, there will be less overseas demand for US farm products. The government ethanol mirage will eventually die when food prices get high enough that people start complaining. The evil "rich" farmers will be blamed for high food prices so politicians will make the farmer the scapegoat. Higher property taxes will make owning acreage more difficult. Increasingly higher inheritance taxes will make it difficult for people to pass the family farm to their children.

I do see the feasibility of prices increasing for land that is within commuting distance of the growing cities.
 
   / Whats everyone thing land prices are gonna do... #74  
Sadly I think Obed is correct in most of his observations. I'll also add that certain groups that enter the country, whether legally or illegally tend to breed like rabbits; thus driving the population up and the living standard down. Because of the Anchor Baby loophole in the 14th Amendment, a growing industry (primarily in California) in "Maternity tourism" and "Maternity hotels" is booming.

Like the stock market, desirable land will always increase in value over the long haul; but that can't be said for all land. Some of us selling less than desirable or investment grade land will probably take a loss, or have to wait a long time to see any appreciation in value.
 
   / Whats everyone thing land prices are gonna do... #75  
Sadly I think Obed is correct in most of his observations. I'll also add that certain groups that enter the country, whether legally or illegally tend to breed like rabbits; thus driving the population up and the living standard down. Because of the Anchor Baby loophole in the 14th Amendment, a growing industry (primarily in California) in "Maternity tourism" and "Maternity hotels" is booming.

Like the stock market, desirable land will always increase in value over the long haul; but that can't be said for all land. Some of us selling less than desirable or investment grade land will probably take a loss, or have to wait a long time to see any appreciation in value.

My Father left Arvada Colo. in 1948 when thh Denver city expanded and took all the farm land for city use. Forced to close his dairy because cattle stink .
All the farm land became housing area.
Before the interstates. Wheat Ridge still was farm land Boulder was a 2 lane high way and steam engines still ran the railroads.
Then the city limits were Lakeside admusment park and a trolly ran to Arvada.
Moved to the country of Arkansas. Town of 900 popiulation 8 miles of narrow dirt roads to the place power stopped at the property line . Now city excess of 2000 and highways ran past the house and truck traffic all day and night and now subdivision is being developed past our property.
My only compliant in all of this is Why do all of the Northern bunch that move here always want everything just like it was in Mich. New Yark or what ever state there from. If they don't like it why don't they return .
Example. Was walking into a store and whale sized Yankee was bellowing her gripes about the rocks in the garden site. Was in a fowl mood anyway so told her what the natives do is gather all the potato sized items and when cooking they stay hard throw into the road there rocks.
She sputtered, blew wind,turned colors. I went on into the store. she got back into her Mercides never saw her again.
And the Calif. group Have never understood why they come this way Nothing can satisfy them except the the material for the left handed cigs. is easily grown.
Now the Kentuky ,Tenn. N/S Carloina it is mostly all family that moved here a long time ago. Welcome cousin
ken
 
   / Whats everyone thing land prices are gonna do... #76  
Back on track. I'm 61. My Dad bought our family farm in 1949. 158 acres for $12,000. It's rural, marginal farmland, low population density. Today it would easily sell for $450,000. Inflation did part of that. Most of it is demand for non-regulated useable land. That demand will continue until mankind ceases to exist. Sure there will be down periods. But the up periods will always, always overcome the downs with continued higher prices that continually outrun inflation. If you are looking for short term gains you might not want to invest in land. Long term, the land buyers will always be ahead of the land sellers in financial estate growth. Buy, never sell.
 
   / Whats everyone thing land prices are gonna do... #77  
There are lots of good tools online now for the counties, to allow you to determine the land's value in crop raising, helping you put a price on it, or at least comparing it to other land.

For those interested, county-level data on crop yields and rental rates (along with a host of other information) are available here: USDA/NASS QuickStats Ad-hoc Query Tool.

Steve
 
   / Whats everyone thing land prices are gonna do... #78  
Buy all the land with trees on it that you can afford. "Carbon Credit" dollars you will receive from the trees and vegetation will be invaluable in the near future. Rich people are already buying millions of acres of the rain forest and Jungle and then they have analysts go in and measure each tree and put a "Carbon Credit" value on the entire inventory. They then sell these credits to people/industry to offset Carbon Emissions..........Coming to a county near you soon. Ken Sweet
 
   / Whats everyone thing land prices are gonna do... #79  
And you see this happening when ? The population of the US will continue to grow until all the resources are gone and that will take generations , with our borders wide open with welcome signs offering free housing /food and an education why would anyone not head this way ?

What to Expect When No One's Expecting: America's Coming Demographic Disaster: Jonathan V. Last: 9781594036415: Amazon.com: Books

Grumpy read the one review for my source. The book arrived yesterday and I almost returned it before I remembered I bought it a while back prerelease. :) I did thumb it and looked at a chart or two. Was taken back to learn letting women get a high school degree will bilologically kill off a country based on US Census data because birth rates of HS educated people goes below 2. The article I mentioned in another post was about this book I now realize.
 
   / Whats everyone thing land prices are gonna do... #80  
What to Expect When No One's Expecting: America's Coming Demographic Disaster: Jonathan V. Last: 9781594036415: Amazon.com: Books

Grumpy read the one review for my source. The book arrived yesterday and I almost returned it before I remembered I bought it a while back prerelease. :) I did thumb it and looked at a chart or two. Was taken back to learn letting women get a high school degree will bilologically kill off a country based on US Census data because birth rates of HS educated people goes below 2. The article I mentioned in another post was about this book I now realize.


the description of the book states in 50 to 70 years (I said generations ) are those time spans not the same ? look at the amount urban sprawl we have seen in just the last 20 years , Any buildable land located within 50 miles of a current city will raise in value in the next 20 years
 

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