keep 5 acres, or get 30k cash?

Keep the land. I made that mistake 15yr ago, and have regretted it ever since.

Or like mine deep underground and with a forest on top.

Why does everyone assume that the decline will immediately go "dystopian."

Land is independence because you can feed yourself with it. I agree that there will be an effort to seize land when people start defaulting on taxes, though. Keep the land, but make sure that you have and orchard or some livestock to help generate tax money.

But this sounds like land that does not have orchards, etc, and he mentioned he was relocating.

Take the money and buy land you can use, where you are moving to.. Your 5 acres may change ( squatters, illegal dumping, etc..) if it is not tended to.

I get the feeling from your post
that you really know it is time to move to your land and develop it before it is too late to do so.

Since it is likely our worldwide monetary systems will experience some degree of collapse in the near future, it is also likely that such a lifestyle will be the only way to survive.

I would say...do not expect to just 'arrive' with your supplies, and expect to survive. It takes a skill set that is very diverse, which must be used and refined every day, just like my farming ancestors did...and boy they were some smart and excellent farmers.
I live off-grid , and have for the last 8 years full-time. I am so thankful, that as a kid, my ears were always perked up and listening to my great-grandfather and grandfather!!!! What problem solvers they were!! The device that impressed me the most that they had worked out, was a spiral of copper-tubing for the chicken water, that was piled high with hot, decomposing chicken manure in order to keep the water warm and flowing for their chickens. I mean how brilliant is that!! It takes alotta livin' to understand how things work to that degree, and is an attitude more than anything.
They did not live in a comsumeristic, material-based society where one is judged by dollar value. They judged each other on their resourcefulness, success as farmers in their quality of crops, and on their Christian ethics of giving , tithing, and helping others...that was the crown of jewels they wore!

I send you best wishes of comfort and success should you decide to pull the plug on 'modern life'!
Godspeed!!

TOL

This is the best advice. It won't take the full allotment either. Get some solar panels for the power supply and you are pretty set. Water and poo become the biggest issues.

This. Besides, they aren't making any more land...

keep the land

Land is the only thing they aren't making more of.

Agreed, sell and buy land closer to the relocation site. Also 30 grand should buy at least 20 acres in an out of the way place, unless it is truly prime farmland.

Thanks for all the replies. Much to consider.

There were several posts with questions that I wanted to quote, but I'll just summarize here.

The nearest neighbor is a mile away. My land has a well, but currently no electricity and the well is very deep. There are several small lakes/ponds nearby and a lot of wooded areas filled with deer, turkey and other wildlife. There are a couple 6,000 population towns about 20 minutes away. But the closest city with 10,000 or more is at least 40. So, really an ideal location, which is why I bought it in the first place :)

The plan was to build a house out there and start the homesteading journey. Unfortunately, we haven't been able to sell our current home to be able to start that process.

We still want to buy a house with land, just in a different area and closer to family. The problem is that we'll need the money from the land to be able to get a new place. The thing that makes me nervous is selling the land and not yet having another piece of land to go to if something were to happen between selling it and buying something new. But, as undeveloped as it is, it would almost be better to stay in our current home in our town of 1000 people and try to survive as a group, I suppose. But again, that's only if it were to be a sudden emergency. If things go slowly, which is probably more likely, the extra cash would be nice to have.

Also, there is a plan for a wind farm to go up in the area sometime in the next few years. So, if the collapse never happens, or takes longer than we all think, it's likely that the value of the land will go down if I wait too long.

And we do currently have a loan for the land, so if it's a slow collapse and I ended up without work, we'd likely end up losing the land anyway.

At this point, I'm thinking the right move is to sell it. I just hate the idea because it's my own little paradise. So peaceful and quiet. We haven't been able to find a place we love quite as much.

do you realize that 30K is the cost of a no frills funeral & burial?

keep the land.

i know people who are still waiting for the recovery from the dot com crash, the 9-11 crash and the 2008 crash.

Keep the Land - and work toward moving onto it!
We "bugged out" nearly 16 years ago.
We LOVE our little Hobby Farm out in the Boonies.
Very Pristine area - U.P. Of Michigan.
Loads of Natural Resources. Great fishing/hunting.
Pure well water.
We raise our own meat, milk, eggs, and veggies.
GREAT place to be when TSHTF. Low population density.
Also, a very rewarding lifestyle.
This is us: www.firstfruitsoberhasli.com
(Not trying to sell anything).

KEEP THE LAND!

In a collapse economy grow fruits & vegetables then set up a stand to sell....you'll do real well. While everyone starves...you wont.

of course you'll have to hire guards.

you have a good thing going on there! goats are so much easier to deal with for milking over a cow. we raised galloway cattle, they are quite popular in some areas of the UP. spent a lot of time up there, gods country!

This

You should not have said that. Now the EPA goons will come snooping around & try to kick you off your land.

That's a hassle & headache you can do w/out.

sell.

if the value collapses, you're still stuck with the loan unless you declare bankruptcy. you already know the answer,
you're not able to sell your current house, right?

almost all land is highly leveraged now through loans at low rates. when rates go up, BOOM. you will see the biggest land collapse in decades.

Keep the land dude.

As John Locke said, Life, Liberty, and Property...

Keep it, I was looking at 5 acres near my home. 150k with a list of covenants longer than my arm.

Build a visitor attraction on it, kids love animals.

If I had 5 acres of land I would build a treehouse/log home surrounded by forest and the biggest hydroponic garden and conservatorium you have ever seen! -Totally self sufficient, of the grid, away from the rat race, quiet and serene!

That my friends in this word is priceless!

location, location, location.

Not all land is created equal.

Distance to closest ETJ?

On a highway or off the beaten path?

5 acres of sand and cactus or 5 acres of dense trees?

Closest water source?

Sell the land and buy silver!

Silvertards ride! It's low as fuck right now. You have a chance to protect that wealth and ride the next wave to the top. The land will cost you (property tax and lost upside).

Never trust anything to due with finances from a woman. The only thing She is looking at is short term GAIN. My old lady is equally stupid in that when Her mother died She put 30k in a fuckin CD when We had a home equity loan for 30k at 10% interest. I know her damn wires were fucking crossed because She wanted to save the money for our daughter but in the meantime We will probably loose our house due to the oil slump.

Sell it, and buy land closer to wherever it is you're going to relocate to, or use that cash to buy something that's already closer to what you want and need it to be.

Technically then, so is the idea than anyone can actually own anything.

God quit making land a long time ago... If you got it keep it, it will only go up in value.

I ain't saying this guy^^^ is going to be right but he's got it nailed for a worse case scnerio.

One key point is -can you protect the money from the sale - invest it MORE wisely, or will it get frittered away as money is wont to do?

Is there any real way you can *not* tap money like that for conviences' sake till there is not enough of it left to buy the land you want? The point is to EARN money RIGHT NOW not to "unsave" by having more to spend.