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The 1996 Federal Agriculture Improvement and Reform (FAIR) Act dramatically affects the decision-making environment of farms by introducing provisions for reducing farm income support payments. These program changes are likely to affect not only farm incomes, but also farm capital asset markets....
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Rural land comprises 77 percent of Louisiana's total land acreage, with a wide diversity of physical characteristics and use. Therefore, reliable rural real estate market information is expected to be of value to landowners, investors, borrowers, lenders, realtors, appraisers, public taxing...
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Structural changes in the farm production sector, continued pressure to reform existing agricultural policies, and an increasing demand for nonagricultural real estate emphasize the need for rural land market research. Rural land, with a wide diversity of physical characteristics and use,...
Persistent link: https://www.econbiz.de/10005801029
Rural land comprises 77 percent of Louisiana's total land acreage, with a wide diversity of physical characteristics and use. Therefore, reliable rural real estate market information is expected to be of value to landowners, investors, borrowers, lenders, realtors, appraisers, public taxing...
Persistent link: https://www.econbiz.de/10005513131
Research has developed empirical models and procedures for analyzing factors which influence rural land markets; however, there have been limited efforts in developing procedures for identifying rural land submarkets. Principal component analysis is used here to detect the presence of multiple...
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This report presents the results from the first annual Louisiana Rural Land Market Survey. The survey was designed to collect detailed information from rural real estate professionals regarding market conditions in their areas. Results of this study suggest that land values vary by area of the...
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