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Land Prices. (4 May 2005)

Mary Coughlan: Low levels of land mobility have been a long-term feature of Irish farming. The substantial increase in land prices in recent years and the relatively small acreage that is placed on the market annually demonstrate that this situation has not changed. Agricultural land prices have increased by almost 300% from €4,967 per hectare in 1993 to €14,379 per hectare in 2003, the latest figure...

Land Prices. (4 May 2005)

Mary Coughlan: The price of land in north Dublin and south county Meath is much more expensive than land where the Deputies are from or land in Aranmore.

Land Prices. (4 May 2005)

Dan Boyle: Given the Department of Justice, Equality and Law Reform purchase of land at Kilsallaghan in north County Dublin on the Meath border at a cost of €200,000 per acre, does the Minister feel the Government is a driver of price inflation with regard to agricultural land? What does the Minister think will be the effect of that price on agricultural land?

Land Prices. (4 May 2005)

Denis Naughten: Will the Minister circulate her initial response to the National Roads Authority because what that authority offers people for land purchased by CPO is a gross insult to them? With regard to the issue of leasing, has the Minister had any discussions with her colleague, the Minister for Finance, regarding tax relief on intra-family leases? There is no exemption on these although the majority...

Land Prices. (4 May 2005)

Mary Coughlan: No more than in Donegal. I was told when we started with conacre that there would be so much land available that prices would be a disaster and we would not get any money. However, prices have gone through the roof. If we look for 20 or 30 hectares now to activate an entitlement, it cannot be got. Where do we go from here? Deputy Boyle knows that on an issue people do not want to know about,...

Land Prices. (4 May 2005)

Mary Upton: Having such a small percentage of agricultural land being offered for sale is clearly one of the factors that will influence the price. Leasing the land is one of the options, as the Minister pointed out. The early retirement scheme is now in place and we have had long discussions recently on that. We would like to be assured that any retirement schemes in place will be appropriate to the...

Land Prices. (4 May 2005)

Denis Naughten: There would be plenty of land available for that price in County Roscommon.

Land Prices. (4 May 2005)

Mary Coughlan: On the issue of leasing and social welfare, it is better for a person to lease his or her land than to have it set down as a capital assessment. Even though the capital value was changed in last year's budget, it is always worth confirming that a leasing agreement is better from a non-contributory pension point of view.

Land Prices. (4 May 2005)

Willie Penrose: Question 47: To ask the Minister for Agriculture and Food if her attention has been drawn to the continuing increase in the price of farm land identified by the Central Statistics Office, which is running considerably above the level of general inflation; her views on the implications of this rise for farmers who wish to expand or persons who wish to enter farming for the first time; and if...

Land Prices. (4 May 2005)

Mary Coughlan: ...for the next tranche of EU funding. However, we are trying to encourage most people to stay in employment until they reach 65, yet at the same time we are trying to encourage others to transfer land to allow younger people into farming. We need to develop a partnership approach where young people can be encouraged to take up farming while at the same time leaving 50 to 55 year old farmers...

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