Prices of agricultural land have fallen by almost 32%

Die Vryburger

Prices of agricultural land have fallen by almost 32%
Prices of agricultural land have fallen by almost 32%

Prices of agricultural land have fallen by almost 32% since the ANC announced the government’s theft of land plans.

Experts believe this step by the government could lead to the erosion of property rights.

Meanwhile, Johann Bornman of Agri Developments Solutions (ADS) made the ridiculous statement that there is no single farmer who disagrees with the land reform plan. Enraged farmers say this is betrayal within their own circles.

When looking at ADS, the words Black Economic Empowerment are running strong in their vision and they want to perform the intermediary’s role in identifying reform projects.

The average price of agricultural land has fallen to just over R9 000 per hectare, and the expectation is that it may fall further.

In this way, the government can still get agricultural land for next to nothing, and the landowners are losing even if they receive compensation.

Read the original article in Afrikaans on Die Vryburger

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