It's hard to turn a good profit with small scale agriculture today. One has to do it for the love of it, or self sufficiency like homesteading. The biggest issue is land and location. Good land is expensive and it's extraordinarily expensive in the areas where many if the highly compensated devs live. Remember that the median US dev salary is around $110k. That doesn't provide much land. The ones who do have the mone…
Why not anchor earnings into homesteading?
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Re: Why not anchor earnings into homesteading?
#12One reason is that those who like to work with their mind (so to speak) with minimal physical activity are probably not the demographic that are also interested in a physically taxing job like agriculture.
Re: Why not anchor earnings into homesteading?
#13Some of us are. I spent 8 years on a small 3 acre homestead learning the ropes, and we moved to a 40 acre property last spring. Now that we are settled in, I'm planning out the vision for the next 3-5 years to build up everything we want to do here. But that also answers your question of why not - who in their right mind wants to spend all their free time and energy for years just to learn skills and build out your v…
Re: Why not anchor earnings into homesteading?
#14It's hard to turn a good profit with small scale agriculture today. One has to do it for the love of it, or self sufficiency like homesteading. The biggest issue is land and location. Good land is expensive and it's extraordinarily expensive in the areas where many if the highly compensated devs live. Remember that the median US dev salary is around $110k. That doesn't provide much land. The ones who do have the mone…
yes, I found this out selling everything and getting back to doing the work. folks simply don't want to pay for " low grow" various other practices. Location is essential. I think a lot of land is available but many realtor and other deter folks from purchasing/mortgaging land within the metro areas; assuming they even know what their looking for. I purchase two pieces of property from seniors... first first the owne…
Lack of labor, or margins too small to pay labor, are a major problem.
Re: Why not anchor earnings into homesteading?
#15I have been working remotely as a software developer and building out homestead and growing systems since 2014. We left the SF Bay area and moved to the Sierra foothills in California. Close enough to drive back for work if needed, but where (at the time) housing (and land) was much more affordable. I only have two acres. I'm not doing anything commercial. Our home was someone else's retirement dream originally - cus…
Re: Why not anchor earnings into homesteading?
#16Another route would be to get into machining. Like in agriculture, it's very important to be aware of the potential for losing a limb in milliseconds if you don't respect the tools. You also end up with useful stuff that you can see, instead of commits to a git somewhere.
Re: Why not anchor earnings into homesteading?
#17Obviously it's not impossible - if you can do it, do it. We need more creative, small farmers more than just about anything else (in the US especially!). But just don't think it's like going online and putting 20% of your paycheck into Coinbase.
Re: Why not anchor earnings into homesteading?
#18So I can't speak to the putting earnings in to or being financially stable because I'm a broke student self learning software development while bleeding savings. I have however been looking for casual work "getting my hands dirty" as you put it. Something physical and outdoors to unplug while I earn some money, and there's either basically none or its not listed on regular job boards. This has been at a time where Om…
I do believe folks want in and are out here but its hard reach the people. one site i like is
it can be helpful and has been close thing i see that tailored toward "getting hand dirty" and the agro industry on various levels.
Re: Why not anchor earnings into homesteading?
#19Where the is available land there are not a lot of jobs, and where there is available super cheap land there is either no internet, no water, or both.
Re: Why not anchor earnings into homesteading?
#20Another thing that hasn't been addressed completely below is the challenge of agriculture being an activity where investment needs to be made in large chunks, at somewhat unexpencted times. The OP question implies that homesteading is like purchasing shares of stock or crypto, when as folks have mentioned here, investments tend to be things like land in 10 acre scale increments (which is a big chunk of money wherever…
Agreed
Land is def not cheap but it can be. Living and Vancouver BC, I would look to the N east of Canada because is was beautiful and much more within my what i could almost afford. Family, friends, laughed at my interest in NS. and would say why this and that; most living in housing and several families to a single home to save money. One guy I worked with said he had said the same thing many years ago and not doing it was the biggest mistake he made. I remembered this. Acreages with livable homes on them were was literally for sale 10k-100+; this was in 2009-2010. fast forward to 2018...prices were still about the same. purchased a farmhouse on over 100 acres for about 100K. Covid hit and the area land prices have went through the roof; in some places 30-60%.
That said a convention loan or various money strategies such as owner finance, leasing, work for living is real. It has been my experience that i watch my friends and family purchase various things, via cash/ borrowing etc... but they turn their nose at purchasing land because its a lot of work; as been mention throughout this thread. Crazy enough the land on a farm is no different from purchasing 2Bth 4Brd home when things start to need servicing or replacement, many just pay some else to do the work. Def belive in paying for knowledge or how to do but this is often not case.
"things like equipment, seasonal labor and seed/seedling trees/breeding stock, which can be as in the thousands to tens of thousands (or much more!), depending on what your plans are. All of these costs tend to be big - maybe bigger than you have to spend from your work income that year. But they may have to be spent to participate in the season that year." is a often not true...but what one thinks they have to do when land is sought or secured; you do way to much work BC your a "farmer" now. This is one reason, why many land owner in US are in debt prompting a high suicide rate while the soils lack nutrients and are tree/weed less in the west. Scale is often measured commercially for sure. life you said, creativity is important and being able to to say... i don't know what I'm doing let me ask a senior/elder or study a method/approach that works for my situation.