Thursday, March 18, 2010

Covering our assets

I've been thinking about what it means to privatise and sell off. My in-laws own a farm, and the idea of privatising the farm, or selling it off, is a terrible idea to them. So I've been looking at what we've been selling off.

The dome, sold for chump change. The 407, we sold cheaply and they're making a fortune. I don't think we're good at this sell-off thing. Maintaining ownership, leasing, partnering, keeping some kind of control, is a much better idea. As my father-in-law says, try not to sell off the farm. Hold on to the land, you never know what you can grow or build.

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