Factors influencing agricultural and householdl land market
Date |
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2017 |
The article analyzes private land sales in Lithuania during 2015-2016. The aim of the research is to determine the intensity of land sales and the reasons affecting land market prices. Objects of research were farming lands and household plots. Accomplished regression analysis has shown that the size of towns located in the municipality, and the portion of land owned by legal persons in the entire private agricultural land area affect the agricultural land market activity, whereas the market price is affected by the land economic value, land use intensity and size of towns located in the municipality. The size of towns located in the municipality and housing indicators of population affect market activity of land plots purchased for housing. Land prices of household plots in towns are influenced by the size of the town, the distance from a major regional center and the town's population stability.
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