What to look for when purchasing property for food production

By: Curtis Wayne 0 Comments   1/26/2016

In a recent interview between Anthony Wile and Marc Faber, there was some discussion about purchasing property in order to ensure food production when inflation drives up the cost of food.

Some nations are currently experiencing high food inflation – as their currencies are collapsing.

Many of the largest nations in the world are experiencing food inflation including Russia, Canada, Brazil, Venezuela, India, Britain and Mexico.

During the interview with Marc Faber, Anthony had this to say.

“We’ve suggested for some time that people be taking action now to secure their wealth and their families. As things continue to worsen, many are trying to make decisions about purchasing property that is more secure and that they can use to ensure food production, water access, etc.”

If you are considering purchasing property to ensure a food supply for your family, here are a few things to consider.

  1. Location – try to find a property within 1-2 miles of your home. This will allow you to travel to your property without needing a vehicle.  Also, look for a location in the city that has little use, like part of the swamp or a wetland on a dead end road.  This will provide a good location because few people will notice it and the city tax will be very low.   If a group of people decide to raid a farm for food they will go to the country in search of a farm.
  2. Soil – usually the soil next to a wetland is pretty good. But you will need a fresh supply of fertilizer to continue producing food each year.  A city compose is a great source of fertilizer, without the smell of using manure.  Look at the location of the city compost in proximity to your property.  If the city compost of on the south side of town, then look for properties on the south side.  If you are very close to a compost or some other means of getting fertilizer, than the soil on your property does not matter very much.  It could be solid rock or sand or clay.  It will not matter after you put 3-6 inches of fresh fertilizer on the top.  Composts can also have wood chips, which are very important to mix with your fertilizer to hold moisture and keep the soil loose.
  3. Water – you will need access to a water supply.  If your property is next to a wetland, perhaps you could use a small pump to water your crops directly from the standing water.  You may consider a small generator to run the pump, but you don’t want to make a lot of noise with a generator.  You will be better off with an electrical pump that runs off a battery that you can charge at home.
  4. Your story – if you try to keep everything a secret, people will go out of their way to find out what you doing.  Sometimes the best place to hide is right in the open.  In order to avoid your neighbors coming over to check out what you are doing, nock on their door and tell them your story.  Tell them part of the truth.  Tell them you grow up with garden fresh spices and you just want to grow a few to cook with.  Tell them you will be bringing in some fresh fertilizing and planting a few trees, just to make some use of this useless land.  This will be enough information for them to feel comfortable with seeing you around.  You don’t have to tell them that the economy is crashing and inflation is going to make it very expensive to purchase food and so you are going to grow a large among of food to feed your entire family through the winter.

After you find a good property, you should consider some practical ways to negotiate the purchase that will get you a good deal.  I will save this for another article.

And after you have purchased your property, you need to create a multi-year plan to reshape the landscape to get the maximum yield from your property.  I think I will also save this for another day.

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