CONTINUOUS INCREASE IN THE PRICE OF AGRICULTURAL LAND IN HUNGARY

Karoly Bodnar, Andrea Feher, Zoltan Istvan Privoczki

Abstract


In the last ten years, the price of arable land in Hungary has doubled in real terms, the price trend that has been going on for years has not broken last year, at a more moderate pace, but the price increase continued, only the average price of vineyards fell. At the regional level, most had to be paid for the hectare of arable land in the Southern Great Plain (HUF 1.77 million), the Northern Great Plain was in second place (HUF 1.69 million), but Southern Transdanubia was not far behind (HUF 1.67 million). The region in northern Hungary was still the cheapest, where the arable prices to be paid per hectare still did not exceed one million HUF. At the beginning of 2021, crop prices are still close to their last 5-year highs, so many may question whether a freshly purchased, more expensive land may pay off sooner.

Keywords


land trade; land price; regional differences; arable land

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References


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Copyright (c) 2021 Karoly Bodnar, Andrea Feher, Zoltan Istvan Privoczki

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LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
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Banat`s University of Agricultural Sciences and Veterinary Medicine “King Michael I of Romania” from Timisoara
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