Michael McDowell: Rich must not be allowed use farmland as vehicle for investment

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Irish agriculture cannot revert to a landlord-tenant model

Purchasers want to become landlords where agriculture will be undertaken by tenants and contractors with no long-term rights or property interest in the land. Photograph: David Sleator

I have been meaning to write here about ownership of farmland for a while, but other topics came first. This week I read a striking piece in the online business magazine The Currency which draws our attention to a large and growing transformation of property ownership in Ireland – investment in Irish farmland by wealthy people as part of their personal asset portfolios.

Let me set the scene. Ownership of Irish farmland was a central issue in the political development of Irish independence. Throughout the 19th century and for the first half of the 20th century, the relationship between the Irish landlord class and their tenant farmers dominated the British government’s agenda in post-union Ireland, and the newly independent Irish State regarded redistribution of ownership of agricultural land as a key area of national policy.

 

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Great article SenatorMcDowell. Viable farmers are been squeezed out of the land market by private wealthy individuals all over the country but particularly here in Tipperary. Hopeful sinn finn will do something about it after next election and I'm a dairy farner

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