2012 Michigan Land Values and Leasing Rates

Land is a natural resource that is valued for many reasons. Farmers utilize land to earn their livelihood and as a store of wealth for future retirement. Rural residents have increasingly sought open space for home sites and pursuit of a lifestyle. Developers seek financial opportunities to invest in and develop land for non-farm uses. For some, land is viewed as an investment and a hedge against inflation. This myriad of demands for land combined with its fixed supply continually alters its market price.


Issue Date:
2012-11
Publication Type:
Report
PURL Identifier:
http://purl.umn.edu/140027
Total Pages:
26
Series Statement:
Department of Agricultural, Food, and Resource Economics>Agricultural Economic Report Series
643




 Record created 2017-04-01, last modified 2017-11-24

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