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Irish Buying Up Land In Uk

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Land-hungry Irish target British farmland

Wed Aug 9, 2006 4:11 PM BST168

LONDON (Reuters) - Irish farmers whose land is being developed for housing and holiday homes are buying up farms in Britain, a survey issued on Wednesday by the Royal Institution of Chartered Surveyors showed.
"With Irish land being sold for residential development, Irish farmers are taking advantage of relatively cheap farmland in the UK," surveyors spokeswoman Sue Steer said in a statement.
British farmland prices rose 9 percent, year-on-year, during the second quarter with sales activity nearing a four-year high, a rural market survey showed.
Ireland has seen a huge boom in property values in recent years,
sending Irish property investors to all parts of Europe and around the world in search of property to buy.

With fabulous wealth appearing from nowhere based on opinions as to the value of house prices it is no wonder they are on the biggest spending spree the world has ever known. A true Miracle begorra. :)

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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