U.K. Farmland's Bull Run Is Over After Brexit Puts Subsidies in Doubt

U.K. farmland, which for years has rivaled gold as a place for investors to park money in, is starting to lose its allure because of Brexit.  Farmland prices, which began falling in late 2015, should drop or at best stagnate in the next six to 12 months on concern about the industry’s future as the U.K. prepares to exit the European Union, said Simon Gooderham, who focuses on rural property at estate agent Cheffins. Many won’t risk buying land due to uncertainty over trade and EU subsidies farmers depend on, he said.