Land £ per ha

I am not sure that the puzzle of land prices can be sollved; why do people buy land?

I read an article recently, written by a land agent who was talking up the price of land. I found myself doubting it all and thinking of all sorts of reasons why the theme could not be right. Without doubt, there will be fluctuations and some of any such changes may be painful. I did, however, remember two quotations from a long time ago;

  • Farm land is still cheaper than carpet.
  • Land – they have stopped making it.

Bill Butterworth, Land Research Ltd,   1st May18