The market, not the election, decides what a farm sells for
He says dairy has driven 15 months of elevated rural property activity and the banks are supportive again.
Listen to the full interview:
This episode featured as part of the Real Estate segment in partnership with Bayleys Country – your rural and lifestyle property specialists.
The market, not the election, decides what a farm sells for.
Bayleys chief operating officer Duncan Ross says rural property has had 15 months of elevated activity, driven by dairy.
“I think the banks are back being quite supportive,” he says.
Ross says a wealth tax would have the biggest implication, because buyers are thinking through three political cycles when they make decisions on farming.
Nervousness from the banks is not holding the market back, and the surprise hold on interest rates shows how closely they are watching.
This episode featured as part of the Real Estate segment in partnership with Bayleys Country – your rural and lifestyle property specialists.
To learn more about rural and lifestyle property opportunities, or to connect with a local expert, visit bayleys.co.nz/country.
Watch the full interview:
CountryWide CONNECT with Andy Thompson & Sarah Perriam-Lampp is our daily rural show livestreamed from 11am-1pm. Visit country-wide.co.nz on how to watch/listen or download the CountryWide CONNECT mobile app, available on Apple iOS and Android.





