midlandslad
Member
- Location
- Midlands
Does anyone else feel we are heading towards a land price bubble?
Most land agents will tell you that they aren't making anymore BUT to the best of my knowledge they have never made any land on this beautiful isle, however we have never seen prices rise at such rates.
It wasn't many years ago that it was very difficult to sell good commercial farms. Now we are seeing values over 12k/ac consistently. Are people buying into farmland as it is the current investment hotspot and following the upward trend?
With agricultural borrowing at an all time high does everyone feel debt levels are susceptible to drops in farm income, increases in the base rate, reductions in support,etc.
It would be interesting to here peoples thoughts.
Most land agents will tell you that they aren't making anymore BUT to the best of my knowledge they have never made any land on this beautiful isle, however we have never seen prices rise at such rates.
It wasn't many years ago that it was very difficult to sell good commercial farms. Now we are seeing values over 12k/ac consistently. Are people buying into farmland as it is the current investment hotspot and following the upward trend?
With agricultural borrowing at an all time high does everyone feel debt levels are susceptible to drops in farm income, increases in the base rate, reductions in support,etc.
It would be interesting to here peoples thoughts.