Buying farmland in California

Aug 23, 2021 20 Comments

I want to buy farmland. Is it a good investment? Farmowners in california please help.#google #investments #personalfinance

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TOP 20 Comments
  • Roku
    crueIla

    Go to company page Roku

    crueIla
    Water?
    Aug 23, 2021 0
  • New
    woodchucks

    New

    woodchucks
    Bad investment. Investing in anything in California and expecting a return is generally not a good idea. The government of California will make sure you don’t have any profits and will regulate you to death
    Aug 23, 2021 0
  • People here buying crypto left and right but saying farmland is a bad investment.. 😂Meanwhile there is only a fixed amount of farmland, and its actually shrinking every day due to climate change (better than bitcoin!) The problem is that you cant diversify in terms of location, unless you have a large amount of capital to deploy, just like bezos and bill gates. Returns might not be great in the short term but its generally not correlated to the stock market and its more stable too.
    Aug 23, 2021 3
    • Airbnb
      foebrms

      Go to company page Airbnb

      foebrms
      You know the farmland you buy, especially in California, may also shrink and become worthless, right? This year, California and Oregon are already cutting water to a lot of farmersz
      Aug 24, 2021
    • Facebook
      zuckmycode

      Go to company page Facebook

      zuckmycode
      I agree, thats why i said the problem is that its not easy to diversify unless you have a large amount of capital to deploy.
      Aug 26, 2021
  • Facebook / Eng
    duneraja

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    duneraja
    Not the best forum to be asking. You'll get a ton of opinions and nearly no data to back it up.
    Aug 23, 2021 1
  • Google
    bigbro84

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    bigbro84
    We recently bought a large agricultural property and the lesson we’ve learned is everything is expensive if you outsource it. So if you do buy farmland, you’ll have to do most of the work yourself with help from a few farmhands. I’d guess you can be reasonably profitable with some crops (where I live, it’s primarily apples, which aren’t, and grapes, which are razor thin margins unless you also market & sell the wine) but you’ll be very market and weather dependent. A better idea might be to buy farmland near an expanding city so that it will eventually be bought out for development. Or you can split and develop it yourself.
    Aug 23, 2021 2