City Slickers Dig Deep to Buy a Piece of Countryside

Summary


The price of farmland has soared to a record high as City slickers continue to buy up rural retreats, figures showed today.

The Royal Institution of Chartered Surveyors said the cost of farmland rose by 16 per cent during the past year as demand continued to outstrip supply.

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Extract


City Slickers Dig Deep to Buy a Piece of Countryside

It said much of the rise was driven by so-called lifestyle buyers sn...

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