You need to hope interest rates keep going up for while yet. Interest up, land down is how it works and vice versa obviously. That is why land is in such a huge bubble right now. Canada has a long history of using printing cash and inflating asset bubbles. When I started from scratch in 1999 rates were 8-9% and there was land for sale. Since then rates have been cut so I got an equity boost out of no where since then. The actual farming has been marginally profitable at best but land speculation is where it was at. Today is the opposite land can't go anywhere but down as interest is forced up by inflation. Inflation was 10% percent in 1981 and that is what forced rates higher leading to a great time to start farming in the late 80's as assets were for sale at a reasonable price. Today nothing is for sale so there is no opportunity. Keep looking for rented pasture as land will do the same thing as Toronto house prices. A year ago nobody thought that was going down either.
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Today's Featured Article - Hydraulic Basics - Part 2 - by Curtis Von Fange. In the last entry to this series we gave a brief overview of hydraulic system theory, its basic components and how it works. Now lets take a look at some general maintenance tips that will keep our system operating to its fullest potential. The two biggest enemies to a hydraulic system are dirt and water. Dirt can score the insides of cylinders, spool valves and pumps. Wate
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