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Land Prices have constantly been forced up due to growing towns and cities. Farmers and other land owners across the country have seen an average value increase of 30% (RICS) in 2004 and over 700% over the 20 years prior 2004 (Halifax).
Availability of land is in limited supply, our coast lines are eroding, coupled with increasing immigration; we are running out of quality land.
If this trend continues, land values will inevitably increase further...
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