Land

Land

Rich village turns against bankrupt couple in local field

The village of Dedham is considered one of the most desirable in South-East England. A four bedroom home with garden sells for £750,000 ($1.2m). It lies in the heart of Dedham Vale, an area designated as being of Outstanding Natural Beauty, and immortalised in paintings by John Constable RA, one of Britain’s best known artists.
When Asa and Gwen Pryke ran a successful business from home there, they were accepted as outstanding members of the local community. But since their business closed due to the financial crash they have become outcasts.
The couple were forced to sell up after their bank refused them a loan to finance a large order, so they decided to move themselves and their school-age children into a trio of caravans in a field owned by Gwen’s family. Part of the reason for the high property values in the area is the wealth of local schools with first rate academic records.

Neither their neighbours nor the local council were the least bit interested in their plight, and they were quickly told to move on as if they were squatters or travellers instead of locals who were down on their luck.…

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Energy

Commodities forecast – food, oil, farmland prices to slump

Commodities Trader Peter Brandt sees lower oil prices; bubble in grains, farmland

Brandt is a technical trader, poring over charts and patterns to spot potential breakouts and breakdowns. Nowadays he’s bearish on corn and other grains, along with farmland, oil and natural gas.

“When you look at those markets, I think we’re at prices that are unsustainable.” said Brandt, who also writes a popular Internet blog about trading commodities and stocks. Read Peter Brandt’s blog.

Gold is one of the few commodities Brandt is staying long on. He also said the U.S. stock market is attractively valued, and warns of a “huge bubble” forming in Treasurys and other fixed-income investments once U.S. interest rates rise.

1. Natural gas is a bust

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Land

Nine tips for land purchase and self-building

________________So you’ve decided to buy some land and build an off-grid home. Good luck.

If you are in the United States, chances are strong you will succeed. In the UK and Canada you will be beset by bureaucracy and even if you triumph over the system, there are plenty other traps for the unwary. Here is a checklist of simple ways to stay on top and out of trouble.

Time is money
Unless you are going for a second home, building your off-grid place is no quick route to home ownership and it takes an average of about two years from finding a plot to moving in, so make sure you factor in the cost of renting or paying the mortgage on your existing home over this period. Half of this time is likely to be spent securing the relevant permissions and finding contractors.

Beware of false economies

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Farmland price surge leads to even more demand

BOSTON, March 19 (Reuters) – As a teenager in Wisconsin, Perry Vieth spent his summers baling hay in a neighbor’s field. Four decades later, Vieth is farming again. This time, however, the former fixed-income trader owns the land.

“At the end of 2006, I took a look at the markets, didn’t like what was on the horizon and decided to move into hard assets,” Vieth says.

He isn’t the only one betting on the farm these days.

During the last several years, investors have taken notice of the swelling prices and hearty returns that come with productive farms. Individuals and funds are increasingly seeing farmland as an ideal hard asset class.

Farmland generates not only regular income but also capital appreciation and can be used as a hedge against inflation. Another benefit: farmland returns tend to be immune to stock or bond fluctuations, making it a good diversification tool.

“A lot of people like to say ‘It’s gold with a coupon,'” says Chris Erickson, managing director at HighQuest Partners, an agribusiness consulting firm.…

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Land

Land in Hungary and Romania

Austrian farmers are buying cheap land as fast as they can, but there are 10 million hectares to go, mainly in smallholdings across the country.…

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For sale: Off-Grid home in Eire

Green Valley Properties, a rural property specialist in Ireland, is selling a fully equipped off-grid property in Co Clare for just €99,000. GVP is a great company – it sells land from just a few thousand Euros up to half a million.…

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Land

British family outwits the planners

A family in England who built a home in the woods without planning permission which remained undetected for four years have won the right to stay there. . As a result they were able to avoid zoning laws (planing regulations) which prevented them from living there had the local Board (council) found out about it.

DailyMail.co.uk is running a story about Daniel and Jessica Brown, together with their three children, have been living in the house concealed behind the trees near the village of Westcott, Surrey, without the authorities knowing.

I is a case study in successful evasion of the restrictions on building homes in remote rural locations, which would-be off-gridders should study carefully, and apply in ways that suit themselves. But there is also a downside. The Mail story dwells on the fury of local residents who had been befriended by the Brown family.…

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