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Common Agricultural Policy.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt št gmail dotcom) on Fri Dec 9th, 2011 at 10:36:37 AM EST
[ Parent ]
The CAP seems to have provisions similar to, but perhaps more generous than, various US "land bank" schemes to subsidize agriculture or pay to keep land out of production. The US scheme has resulted in The Grand Duke of Lichtenstein being the largest recipient of US agricultural subsidies for his sugar cane farming in Louisiana. This is likely one reason so little land is available for residential use in the U.K. It generates a large stream of income for the wealthiest citizens.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Dec 9th, 2011 at 11:38:05 AM EST
[ Parent ]
It's one reason, theres also the land registration details, which also result in a non-payment of tax.

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Fri Dec 9th, 2011 at 11:47:30 AM EST
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