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HomeMy WebLinkAboutThe Lucknow Sentinel, 1989-08-23, Page 5Rising land prices spell danger After bottoming out in the mid - eighties, prices for farm land appear •to be on the rise ,once ,again. -Outrageous increases _in Southem Ontario's urban real estate market are at least part of the reason. Faced With paying two to five hundred thousand -dollars for a nice home within commuting distance of Toronto, more and more buyers are eyeing the rural landscape where homes are much cheaper and the attached farm land seems to be thrown in at no charge. The direct effect of this phenomenon is most dramatic in tourist - infested avenues stretching north from the 401 to places like Barrie and Orillia. There I spoke to •one successful young dairy farmer whose enviable predica- ment Mustrates the significance of these developments for the farm community. Dave bought 100 acres of fairly good land with bank barn and four-bedroom house in 1984. The farm is just off Highway 12, about 25 miles south of , four miles from his father, with -whom he works in partnership. He paid $175;000 in 1984 and spent a fair bit renovating both the barn and the house. People driving by on Highway 12 fre- quently stop in to ask if Dave wants to sell. The latest offer is $900,000. The agricultural value of this land is definitely inferior to that of farms in southern Bruce County, which are valued by the Farm Credit Corporation at less than $1,000 per acre. It seems to me that the same escala- tion will inevitably spread to all Of the prime agricultural areas in Ontario. People in Dave's position are, of course, not crying when they find out that being a farmer has suddenly become very profitable. But leaders in stgriculture, particularly genertil farm organizations, are being extremely shortsighted if they do not come to terrns with the far- reaching detrimental impact of land values that are many times more than the productive capabilities of the farm would dictate. Who will own this land? Urban in- vestors? Developers? Foreign speculators? It seems an inescapable reality that at $10,000 or $20,000 an acre, the name on the deed will not belong to anyone with calloused hands and a sunburned neck. 'The new .class .of landowner will eventually control rural municipalities and develop regulations to suit a heritage and culture completely alien to ours. Land that is acquired purely as a speculative business venture will be mined or .paved over without regard for the future. Young people will have no hope of owning their own farm. Ver- tically integrated agri-businesses will have an easy time controlling huge parcels of land which previously yielded a living for hundreds of farm families To .put restrictions on who can buy land and how much can be paid for it seems politically impossible at the mo- ment. But these are precisely the issues our farm organizations must begin to grapple with. The alternative is that the next generation of farmers will be merely tenants or, worse yet, unionized labourers employed in the food industry. Gr t Chis] elected as V.C. of ergygr Respectfully submitted, Bruce County Federation of Agriculture Public Relations Committee Lucknow's own Grant Chisholm was elected as the Vice Chairman of the Home Energy Group, Ontario's oil heating association, at a general meeting of the organization held recently in Ot- tawa. Grant will work side by side with Chairman Bay LeSage :of Tweed. One of the first &tie to be perform- ed by Mr. Chisholm in his capacity of Vice Chairman was to represent the Home Energy Group at the meeting of the Petroleum Markets Association in Williambum Virginia from August 16th through the 18th. Grant reports a positive, upbeat mood for the oil heating industry spurred by proven crude oil reserves over the next 50 years. In addition, high tech equip- ment is making an positive impact on the industry. He says he enjoyed the business trip to Virginia as Wfilitunburg is a beautiftd ci- ty resorted to the authentic 1790 colonial times by a grant from the Rockefeller Foundation. The area is steeped in history and contains one of the oldest schools in America, the College of Wham and Mary, whose students includ- ed patriot Patrick Henry. Henry is best known for his fiery orations on unjust taxation by the British which inspired the American Revolution. Since the season for the promotion of the oil heating business is here, 'Giant's election to the position of Vice Chairman of the Home Energy Group will un- doubtedly keep him a busy man over the next few months. Crime Stoppers of Grey Bruce are seeking the public's assistance in -the in- vestigation of mischief over $1i000 which occurred in Southampton. 'The Southampton Police Force report that between June 25 and 20 of this year they received 10 separate reports of mischief within the town limits. It is believed that a number of culprit(s) drove around town sin is Arebicle and with the nse of a pellet gun or high powered 111111111111111111111111111111111111111111111111111111•111.1 Correction In last week's Sentinel report on the Dingannon Fair the rumners-sp in The }la /amen ',competition were incorrectly identifid. 'Tracy 'Slack, sponsored by w.4Thompsoniaud Sons, was in fact the first runnerisp in the competition while Jean Mefflaaacy, Wowed Jay Lam Patrick ,Electric, was voted seem's' ionnertup 4ts well as Miss Fritadskip In the coinpetition. The Sentinel regrets this error and rMee 4140 On totters emgratttlatimts to all lite -contestants. RIME STOPPERS 1-800*65-3787 1111111111111111111111•11=1111111110111111111111111111 BB, shot out windows of several vehicles, as well as a thermsd pane liv- hig room Window Of a residence. The shot broke both of the panes of glass. 'These loccurrences appear to have taken place between the hours of midnight and 200 a.m. As the occurrences took ;place in various areas of town it is believed that the culprit(s) used a vehi- cle to get around. 'The Southanipton Police Forceao report that 41 1600411. '0mirrence Jiap- pened on July 20 of this year With five 'reports of windows being shot mit. The damage is estimated at $7,000. The culprit(s) have not been identified as yet. • If You feel you -can help in this or any other case, 'Crime StOpperS ,Of Grey Bruce ore to pay .0 reward up to SLIM for informtion kAdUigt to An ar- Test. CALI CREWE STOMBS AT 1000-265-0787. Lueknow Sentinel, Wednesday, August 23, 1,80—Pagtc 5 PHIL JEROME MIKE O'NEILL PHIL JEROME of JEROME FEED & SEED is pleased to announce the addition of MIKE O'NEILL to his staff, as salesman. Mike and his family have operated a chicken farm in Kinloss,Tow:nship for the past 10 years. Mike has a diploma in Agricultural Business Management from 'Centralia College. He has 'ove, 'our rears experience in agricultural sales. Mike would be pleased to discuss your feed and seed requirements with you. Give him a call at JEROME'S 528-2447 or at home — 395-5592., JEREOME FEED & SEED — Dealer for 11 • feeds CORLAND SEEDS LTD. KING SEEDS — MAPLE SEEDS — SPEARE SEEDS • • /1 • •,1,,••V • • • • 4 •••• • • • ;I • • . , • Pel Electric Fence Systems • Silage Innocultmts • Round Bale Tarps • water Softener Salt • Pet Foods A FULL LINE OF FARM PRODUCTS AVAILABLE at • 4,