Ben Curthoys on Nostr: 2) Farmland is expensive, but not "overpriced", because farmers are competing for ...

2) Farmland is expensive, but not "overpriced", because farmers are competing for land with all the other things we want to use land for. Land is the archetype of a scarce resource - they aren't making any more of it - so every acre of farmland is an acre that can't be put to other purposes.