The good news, the bad news of a farmland bubble

In case you missed it, the L.A. Times reported last week that investors are buying farmland and driving up prices — creating a kind of farmland bubble, particularly in the San Joaquin Valley.

Blogger Stockton City Limits has some ideas on how this might affect us:

• Developers might be less likely to buy farmland and convert it to houses. That could give the city more time to investigate infill development opportunities.

• But if the bubble bursts — and we’ve seen that in the housing market, I seem to recall — the region could be “devastated,” accelerating a shift toward urban development.

Stockton City Limits has been providing great commentary on growth issues in our community. Check out the blog in its entirety here.

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  • Blog Author

    Alex Breitler

    A native of Benicia, he lives in Stockton with his wife, Ann, who forces him to go backpacking in the Sierra Nevada or Trinity Alps at every opportunity. He has been writing mostly about natural resources since 2003, first in Redding and now in ... Read Full
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