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> Last month, a major review conducted by the Scottish Land Commission, a government quango, found that big landowners behaved like monopolies across large areas of rural Scotland and had too much power over land use, economic investment and local communities. The quango recommended radical reform of ownership rules.
I'm an American and am totally divorced from this subject so I don't really understand why your response is so argumentative. It seems to me a description of who owns what land is a mild enough "accusation". The Guardian doesn't make mention of farming or food security. They just says who owns what and quote concerned institutions and individuals.
Are you under the impression people are buying land (land being rural land, not an acre in central London) in the UK for the sake of it? It's not priced in the same league as the USA, it's expensive, if it's not earning a return then it's not happening. So unless you're starting a some sort of windfarm or solar farm, it's generally going to be for farming.
Also, do you realise the opposition party in the UK, Labour e.g. the Guardian, are seriously contemplating pushing a LVT. So they aren't pushing these stories to punish their own. They're pushing these stories to justify what they'll do. And that adds to why would anyone buy any real chunk of land in the UK right now.
As an FYI - a quango is a nonsense lobbying group, it's not independent, anything they come out with can be considered nonsense. Doesn't matter who they work for, it's always doctored stats and the taxpayer getting rinsed.
You said it yourself Jeremy Clarkson's farm has only generated $2. If he paid a tax proportionate to his ownership of land he might consider selling that property to someone who could better steward it.
I pay LVT in the United States. I've owned three different plots of land in my life. At no point did this tax prevent me from acquiring land. In fact, it seems like it enabled me to buy this land because in the UK land ownership is significantly lower than in the US.
If land costs _nothing_ to own then it costs nothing to hold as an investment _forever_.