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this post was submitted on 03 Jun 2024
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This started way back in the 2000s and has snow-balled the last 10 years. And it's not just farmland. There are investment funds of the rich who are buying up forests and vast tracks of land around the globe as investment properties for long term holding.
It was pretty common back in the '90s.
My family was approached several times by people representing foreign corporate buyers trying to buy our farm.
A few older farmers sold because they were getting too old to keep working and their kids had no interest in farming.