Show simple item record Magnusson, Janis Olof en_US 2012-05-17T14:35:58Z 2012-05-17T14:35:58Z 1979 en_US
dc.identifier ocm72793082 en_US
dc.description.abstract A discussion of the effects of rising land prices establishes the hypothesized influence of non-resident investment on land prices as a problem. This thesis determines whether non-resident ownership of land has contributed to rising land prices specifically in Manitoba and Saskatchewan. The theory underlying the demand for land is developed to form a hypothesis on the effect of non-resident investment on land prices. Private non-resident buyers shift the aggregate demand for land by increasing the number of buyers in the market, by paying relatively more for land than residents, and by influencing the expectations of other buyers and sellers in the market. Thus, private non-resident investment is hypothesized to increase land prices. Public investment in farm land, particularly in Saskatchewan, decreased the future number of land transactions. The presence of the Government increases the number of buyers. However, the overall effect pubic investment has on price is difficult to hypothesize because of the regulations under which the Land Bank operates. The Saskatchewan Land Bank Commission bases its purchasee price of alnd on past comparable sales and therefore likely offers less than market value for land in a rising market. Private buyers may be influenced by the prices the Saskatchewan Land Bank Commission pays for land. Therefore it is difficult to hypothesize the effect of public investment on land prices in a rising market... The results of the thesis confirm the hypothesis that private non-resident investment has influenced land prices by increasing the aggregate demand for farm land. The results establish aggregate demand has been affected not only by the increased number of buyers in the market, but also in some cases by the willingness of non-residents to pay higher prices for farm land. The results also establish that in the past, The Saskatchewan Land Bank Commission has stabilized land prices by paying less than market value for land. en_US
dc.format.extent xii, 172 leaves : en_US
dc.language en en_US
dc.rights en_US
dc.rights info:eu-repo/semantics/openAccess
dc.title The influence of non-resident investment on farm land prices in Manitoba and Saskatchewan en_US
dc.type info:eu-repo/semantics/masterThesis
dc.type master thesis en_US Agricultural Economics and Farm Management en_US

Files in this item

This item appears in the following Collection(s)

Show simple item record

View Statistics