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US land prices are not a good indicator of residential housing cost -- for the US.  There are large swatches of the US dedicated to agriculture and internal migration make US/UK land use patterns comparisons problematic.

Or maybe I'm talking through my hat.

My intimate knowledge of UK land prices, policies, and patterns comes from some friends who, in the late 60s, bought a farm well away from everyone to get away from everyone only to wake-up and find themselves surrounded by housing developments lo these many years later.  

Not happy they are.

Wishing to leave, they do.

Be damned if they'll sell out to Yet Another Developer to rape the countryside, they declare.

by ATinNM on Sun Feb 22nd, 2009 at 02:38:36 PM EST
[ Parent ]
Well, they may find comfort in the fact, that their farm is now much more valuable than 40 yrs. ago. If a "country land" becomes a "city land", it's value gets a good swing upwards.
by kjr63 on Sun Feb 22nd, 2009 at 02:57:03 PM EST
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