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15 May 2018

Land reform hampered by unconstitutional subdivision restriction!

bbrief.co.za

If the constitutionality of the Subdivision of Agricultural Land Act (Act 70 of 1970) was challenged in the Constitutional Court it would likely lead to the repeal of the subdivision restriction on farmland.

This would make small farms much more affordable in South Africa. It would also drive large-scale land reform through the free market, as land is inexpensive in South Africa. These cheap land prices are currently only available to wealthy South Africans who can purchase large farms. Small and medium-sized farmers are paying artificially higher prices per hectare, due to the subdivision restriction making smaller parcels of farmland artificially scarce.

To read the full article cilck here

bbrief.co.za

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