- Location
- Ledbury, Herefordshire
Never heard the term "asset rich"?Hang on…. Wealthy enough to own land? If it is inherited it doesnt mean you are ’wealthy‘!!
Never heard the term "asset rich"?Hang on…. Wealthy enough to own land? If it is inherited it doesnt mean you are ’wealthy‘!!
It does give you the ability to raise funds very quicklyHang on…. Wealthy enough to own land? If it is inherited it doesnt mean you are ’wealthy‘!!
Or land owners use it to bid rent up on land to let.That only happens if tenants use it to bid up rents
Hang on…. Wealthy enough to own land? If it is inherited it doesnt mean you are ’wealthy‘!!
Never heard the term "asset rich"?
That only happens if tenants use it to bid up rents
How much does a person have to be worth for you to class them as wealthy ?yes it does …….. you may not want to but you can sell it ! or leverage it to borrow against / take dividends (rent) from
inheritance land owners are certainly more wealthy than most people who don’t inherit land !
How much does a person have to be worth for you to class them as wealthy ?
Thats because you live in England where every well meaning eu farm support was tapered away from the farmer to make its way way into the landlords pocket !!I have no issues with Farmers being subsidised IF there is good reason to do so - to be clear that is farming however, ie the income derived from growing food or creating natural capital NOT a reward for simply owning land - which if you are wealthy enough to be in a position of owning land there is absolutely no good argument that you need a subsidy to repay that (optional) investment ........ regardless of how you came to own that investment, ie inheritance, earnings form farming or other trades or even if you have chosen t borrow tom fund the investment, it remains an investment and not a trade like farming is
Just about every Sub scheme I have lived through to date has gone wrong because it fails to address this vital difference, the results being that one way or another the sub ends up in. the landowners pocket not the farmers - farmers are not landowners and landowners are not farmers ........ but you can be both (as I am)
How much does a person have to be worth for you to class them as wealthy ?
They need to make sure that payments go to tenants and not to landlords who evict them
Quite simpleA lofty ambition, but how?
Quite simple
Land taken in hand should be made ineligible for any subsidy going forward.
i think the solution maybe to make sfi / css etc only claimable by an active farm business ……….. BUT after tightening up this definition to avoid sham contract farming etc ……. something along the lines of at least 50% your income must come from farming for example