Zhang on land value survey results

March 14, 2019

Dr. Wendong ZhangWendong Zhang, assistant professor, was interviewed for a story in the March 14, 2019 Ames Tribune, "Land Trends and Values Survey shows decrease in cropland prices in Iowa."

"One of the positive aspects, though, is that a lower amount of land is available, which can drive up the price of the few plots that are available," said Wendong Zhang, an Iowa State University economics professor.

“They pay higher because there are only a few parcels for them to choose from,” Zhang said. He said that a few years ago, people who were looking to buy land “could find five or six plots to potentially buy, but now it’s about two to three,” which makes people have to “bid up for the available parcels.”

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