Demand for Land Soars, Driving Up Prices and Leasing Rates
Land is valuable for farmers, rural residents, developers, and investors due to its various uses and as a store of wealth. The demand for land constantly changes its market price.
Land sales boom predicted as demand skyrockets for real estate by 1980.
Landowners may ditch leased land if forced to invest in improvements.
Michigan Land Values Soar, Impacting Farmers, Developers, and Homebuyers