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British farms a better bet than gold
The price of British farms will rise higher than any other class of real estate in Europe over the next four years driven by investors buying farmland to capitalize on growth in global demand for food and also to shield wealth and pay less tax. Farmland values will rise 37 percent by 2016, beating forecast growth for gold, oil, ten-year British government bonds and homes in London’s most exclusive neighborhoods, according to data compiled by Oxford Economics and the research arm of property consultant Savills. The United Nations’ food agency has estimated that the world will need to boost cereals… continue reading