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Land ownership in England
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Posted by David in England on July 07, 2006 at 14:25:14 from (86.137.16.168):
In Reply to: PHOTO - English bale sledge. posted by David in England on July 07, 2006 at 12:13:46:
Hi; After WW1 many of the great land owning families had to sell off their estates due to the economic conditions especially in the early 1920,s. This gave huge numbers of small tenant farmers the chance to buy some land. There are still some Lords who own great tracts of land who have tennant farmers. Also financial institutions bought up farms as investments which are rented out. In the past few years with the decline in farm incomes, many have given up and their land either sold off to neighbours or is share-farmed by neighbouring farmers. \The size of farms is increasing, and the traditional "family farm" is rapidly disapearing. Except for dairying, a man would have difficulty making a living off a 600 acre arable farm and couldnt afford any labour. Traditionally a tenanted farm would pass down from father to son over several generations. Today they are rented on 5 year business tenancies renewable each time with no guarantee of continuation. The rent for the 5 years has to be bid for like an auction. Its AGRI BUSINESS now not farming ! Bare land without house/buildings in this area is still making $5500 per acre. Small plots of 5 acres for horse pasture would be $18,500 per acre! Cheers David
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