Hence, you see, by betting the whole farm they own, they’re willing to risk everything – risking losing everything, that is.

Foolhardiness for sure, but we’ve got to like the farmer’s attitude.

Anyways, when people say they’ll bet the farm that something will happen, they’re willing to risk losing everything they own if their prophecy fails to deliver. In other words, they must be extremely sure about the outcome.

In our example, the speaker takes a cautioned approach. Even though housing prices seem to have always been rising, he won’t bet the farm that they’ll always be doing so, for ever and ever more.

If you ask me, and about Beijing I’d say, for my two cents’ worth, that housing prices here will keep rising due to, one, rising demand because people from the provinces and abroad keep coming in; two, the local government will not want to sell any land they own in the name of the people at a cut price; three, the price of money keeps getting watered down because there’s be more and more of it in circulation.

Fourth, never mind the fourth, fifth and nineteenth. Housing prices in Beijing will rise.

Still, I wouldn’t bet my or anybody else’s house on it.

Alright, here are media examples of people who are willing or not willing to bet the farm on this and that:

1. Tom Willey is so concerned about food safety he is willing to bet the farm on it.

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