Brexit to slash farmland prices by up to a fifth, forecasts say
Decades-long boom in agricultural land prices will cease as EU subsidies are axed
Brexit will slice nearly one-fifth off the value of Britain’s commercial farms according to forecasters, bringing to an end the decades-long boom in agricultural land prices as EU subsidies are withdrawn.
Property experts Savills said farmland was likely to be the worst-hit sector in the entire UK residential and commercial property sector – faring even worse than shuttered high street shops – as common agricultural policy subsidies are withdrawn.
Brexit to slash farmland prices by up to a fifth, forecasts say | Environment | The Guardian
Decades-long boom in agricultural land prices will cease as EU subsidies are axed
Brexit will slice nearly one-fifth off the value of Britain’s commercial farms according to forecasters, bringing to an end the decades-long boom in agricultural land prices as EU subsidies are withdrawn.
Property experts Savills said farmland was likely to be the worst-hit sector in the entire UK residential and commercial property sector – faring even worse than shuttered high street shops – as common agricultural policy subsidies are withdrawn.
Brexit to slash farmland prices by up to a fifth, forecasts say | Environment | The Guardian
Comment