California Investment Network


Recent Blog


Pitching Help Desk


Testimonials

"This platform is the best I have come across. The response has been consistently superlative, in both quantity and quality. Thank you for everything! "
Anthony L.

 BLOG >> Recent

Remote Land Investing: Part 3 [Agriculture
Posted on March 27, 2019 @ 09:45:00 AM by Paul Meagher

One question left unanswered in part 1 and part 2 of this series, was what exactly does "remote" mean? One interpretation would be "far away from other people"? Which leads to the question of how far away does land have to be from other people to be considered "remote"?

What I consider to be remote is likely nowhere close to what someone living in high northern areas of the US and Canada would consider remote. The distance from my remote property to the nearest full time resident (2 km) would be considered a short hop for people living in sparsely populated areas of the high north. Lola Sheppard and Mason White have compiled alot of useful and beautifully illustrated information about remote northern living in Many Norths: Spatial Practice in a Polar Territory (2017). There are many cutoff lines that can be used to define where the north begins depending on what criterion or indicator is used to define north. You can use physical indicators such as the tree line, the permafrost line, the line where ice stays year round, or the line where the ice roads end. You can also use economic, military, political and architectural criteria to define different lines that define where the north begins. Lola and Shepard identify at least 10 ways of indexing north.

The lines corresponding to these different ways of indexing north can be found on this map.

It would be interesting to study the price of remote land at these various cutoff lines to see if these boundaries also have an effect on the price of land. As these northern areas begin to heat up due to global warning perhaps they will be viewed as more attractive places to live, while land in southern areas will become correspondingly less attractive? How quickly, if ever, might that happen?

The type of remote land I am principally interested in, however, is land that was formerly inhabited but which people left because they could not make money to support modern needs, they were too far from markets to buy and sell goods, their access to the world was too difficult (up and down long steep hills) relative to people in other areas (traveling over relatively flat terrain), and where young people left and never returned. There was a time when people lived there and perhaps there will be a time again when people will want to live there to grow their own food, cut wood for heat, put up solar collectors and wind turbines for hot water and electricity, and be as self-sufficient as they can be like they were 100+ years ago.

I do think we need to realistically prep for a future that could be very different than the one we experience today because of climate change, peaking supplies of energy/materials, and growing populations. How can we do that? One way might be by investing in remote land not simply because it may be a good financial investment, but to have a place where you might grow food, collect wood, and survive if things get worse in the next ten years. Getting back to previously inhabited lands may be one strategy that will be important in adapting to the future as outlined in The Future is Rural: Food System Adaptations to the Great Simplification by Jason Bradford (Feb 19, 2019).

Permaculture co-founder David Holmgren has done some important future scenarios work that those of us thinking about a New Green Deal should keep in mind. Most versions of the New Green Deal envision a future where we will scale up our renewable energy economy, make our buildings more efficient, invest in public transit and many other measures to mitigate the effects of climate change - a "Green tech" future. There are other scenarios, however, that we need to consider, such as the "lifeboats" scenario where we are too late and need to start getting ready for what is to come. If you believe in this more pessimistic scenario, then some of the New Green Deal actions we should be doing today to prepare for the future are quite different than if you think there is time to turn this ship around. David provides a nice overview of his future scenarios work in this video:

It is important to note that David believes there is alot that can be done to Retrofit Suburbia in order to adapt to future scenarios and he may not agree with my assessment that we may have to move further afield to adapt. David's free Feeding Retrosuburia Ebook offers some more recent discussion of his future scenarios work.

In this blog on remote land investing I have stepped back to consider what "remote" really means and some of the macro forces at play in the world and how remote land investing might fit in. In a rosy "green tech saves the day" scenario remote land investing may not be a particularly good investment or that important to consider. In a less rosy "lifeboats" scenario, we might want to reflect whether we will need to start moving back to rural areas, areas we may have abandoned, and way up north.

Permalink 

 Archive 
 

Archive


 November 2023 [1]
 June 2023 [1]
 May 2023 [1]
 April 2023 [1]
 March 2023 [6]
 February 2023 [1]
 November 2022 [2]
 October 2022 [2]
 August 2022 [2]
 May 2022 [2]
 April 2022 [4]
 March 2022 [1]
 February 2022 [1]
 January 2022 [2]
 December 2021 [1]
 November 2021 [2]
 October 2021 [1]
 July 2021 [1]
 June 2021 [1]
 May 2021 [3]
 April 2021 [3]
 March 2021 [4]
 February 2021 [1]
 January 2021 [1]
 December 2020 [2]
 November 2020 [1]
 August 2020 [1]
 June 2020 [4]
 May 2020 [1]
 April 2020 [2]
 March 2020 [2]
 February 2020 [1]
 January 2020 [2]
 December 2019 [1]
 November 2019 [2]
 October 2019 [2]
 September 2019 [1]
 July 2019 [1]
 June 2019 [2]
 May 2019 [3]
 April 2019 [5]
 March 2019 [4]
 February 2019 [3]
 January 2019 [3]
 December 2018 [4]
 November 2018 [2]
 September 2018 [2]
 August 2018 [1]
 July 2018 [1]
 June 2018 [1]
 May 2018 [5]
 April 2018 [4]
 March 2018 [2]
 February 2018 [4]
 January 2018 [4]
 December 2017 [2]
 November 2017 [6]
 October 2017 [6]
 September 2017 [6]
 August 2017 [2]
 July 2017 [2]
 June 2017 [5]
 May 2017 [7]
 April 2017 [6]
 March 2017 [8]
 February 2017 [7]
 January 2017 [9]
 December 2016 [7]
 November 2016 [7]
 October 2016 [5]
 September 2016 [5]
 August 2016 [4]
 July 2016 [6]
 June 2016 [5]
 May 2016 [10]
 April 2016 [12]
 March 2016 [10]
 February 2016 [11]
 January 2016 [12]
 December 2015 [6]
 November 2015 [8]
 October 2015 [12]
 September 2015 [10]
 August 2015 [14]
 July 2015 [9]
 June 2015 [9]
 May 2015 [10]
 April 2015 [9]
 March 2015 [8]
 February 2015 [8]
 January 2015 [5]
 December 2014 [11]
 November 2014 [10]
 October 2014 [10]
 September 2014 [8]
 August 2014 [7]
 July 2014 [5]
 June 2014 [7]
 May 2014 [6]
 April 2014 [3]
 March 2014 [8]
 February 2014 [6]
 January 2014 [5]
 December 2013 [5]
 November 2013 [3]
 October 2013 [4]
 September 2013 [11]
 August 2013 [4]
 July 2013 [8]
 June 2013 [10]
 May 2013 [14]
 April 2013 [12]
 March 2013 [11]
 February 2013 [19]
 January 2013 [20]
 December 2012 [5]
 November 2012 [1]
 October 2012 [3]
 September 2012 [1]
 August 2012 [1]
 July 2012 [1]
 June 2012 [2]


Categories


 Agriculture [77]
 Bayesian Inference [14]
 Books [18]
 Business Models [24]
 Causal Inference [2]
 Creativity [7]
 Decision Making [17]
 Decision Trees [8]
 Definitions [1]
 Design [38]
 Eco-Green [4]
 Economics [14]
 Education [10]
 Energy [0]
 Entrepreneurship [74]
 Events [7]
 Farming [21]
 Finance [30]
 Future [15]
 Growth [19]
 Investing [25]
 Lean Startup [10]
 Leisure [5]
 Lens Model [9]
 Making [1]
 Management [12]
 Motivation [3]
 Nature [22]
 Patents & Trademarks [1]
 Permaculture [36]
 Psychology [2]
 Real Estate [5]
 Robots [1]
 Selling [12]
 Site News [17]
 Startups [12]
 Statistics [3]
 Systems Thinking [3]
 Trends [11]
 Useful Links [3]
 Valuation [1]
 Venture Capital [5]
 Video [2]
 Writing [2]