Beware a farmland bubble
Published 19/01/2012 | 10:44
As the countdown to major reform of the Common Agricultural Policy (CAP) in 2014 begins in earnest, are farmers in danger of igniting another property boom?
With the method of payment set to change from a headage or production-based system to one based on acreage, there are already strong indications that agricultural land prices and rents are soaring in anticipation of the introduction of the new system.
Will we ever learn?