Thinking of snapping up cheap farmland during drought? Think again
Statistics show the effect drought has on farm prices is limited.
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Drought over many parts of the country is unlikely to see a sudden rush of farm sales or decline in prices for rural land, according to real estate data.
Last week drought was officially declared for Northern Otago and all of Canterbury and Marlborough, while drought monitoring of the Tasman
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Jamie Ball
Mon, 16 Feb 2015
Mon, 16 Feb 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Thinking of snapping up cheap farmland during drought? Think again
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