Factors affecting agricultural land prices

Keywords

land prices, farm cost, agricultural economics, land costs

Abstract

In the twenty years that preceded 1920 there was a 245 percent increase in the average per-acre price of farmland (including improvements) before land values fell sharply. Today’s escalation in land values-364 percent between 1957 and 1977-prompts some pointed questions: Have land prices reached their peak? If not, when will they plateau, if ever? Will they then decline and, if so, will the descent be sudden or gradual? Answers are not obvious, but some parts of the puzzle are identifiable.

Original Publication Citation

actors Affecting Agricultural Land Prices (with Carole Frank Nuckton), California Agriculture, Vol. 33, No. 1, December 1978, pp. 4-6.

Document Type

Peer-Reviewed Article

Publication Date

1979-01-01

Permanent URL

http://hdl.lib.byu.edu/1877/5939

Publisher

California Agriculture

Language

English

College

Family, Home, and Social Sciences

Department

Economics

University Standing at Time of Publication

Full Professor

Link to Full Text

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