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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
Bps and Buying Property
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<blockquote data-quote="Goweresque" data-source="post: 6560843" data-attributes="member: 818"><p>The entire BPS system of land entitlements was precisely designed so that the entitlements could be bought and sold. It was an attempt to tie the value of subsidies to active farmers, be they tenants or owner occupiers, rather than landowners. The whole point of it was that a tenant could move from farm to farm and take his entitlements with him, and then when he retired, or downsized his business, he could sell those entitlements. And people starting up could buy entitlements as well. It wasn't the creation of financial market spivs in sharp suits, it was the creation of civil servants (whether in London or Brussels I couldn't say). Entitlements are created by the State and its up to the State if they can be bought and sold, the owners really don't have a say in it. Indeed they could be abolished tomorrow at the stroke of a pen and anyone who'd paid out money for them would lose it. </p><p></p><p></p><p></p><p>Selling something you own for a fair price is not 'ripping people off'. You may be narked that you're shelling out a large wedge for some land and the seller isn't throwing the entitlements in for free, but as both the land and the entitlements belong to him (or her) they are under no moral obligation to give you something for nothing. It would be nice if they did, but calling them vultures and crooks because they won't give you something for nothing doesn't exactly paint you in a good light either.</p></blockquote><p></p>
[QUOTE="Goweresque, post: 6560843, member: 818"] The entire BPS system of land entitlements was precisely designed so that the entitlements could be bought and sold. It was an attempt to tie the value of subsidies to active farmers, be they tenants or owner occupiers, rather than landowners. The whole point of it was that a tenant could move from farm to farm and take his entitlements with him, and then when he retired, or downsized his business, he could sell those entitlements. And people starting up could buy entitlements as well. It wasn't the creation of financial market spivs in sharp suits, it was the creation of civil servants (whether in London or Brussels I couldn't say). Entitlements are created by the State and its up to the State if they can be bought and sold, the owners really don't have a say in it. Indeed they could be abolished tomorrow at the stroke of a pen and anyone who'd paid out money for them would lose it. Selling something you own for a fair price is not 'ripping people off'. You may be narked that you're shelling out a large wedge for some land and the seller isn't throwing the entitlements in for free, but as both the land and the entitlements belong to him (or her) they are under no moral obligation to give you something for nothing. It would be nice if they did, but calling them vultures and crooks because they won't give you something for nothing doesn't exactly paint you in a good light either. [/QUOTE]
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