2006-07-13 00:36:21 · 7 answers · asked by darna 1 in Business & Finance ➔ Other - Business & Finance
not poor
2006-07-13 00:40:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋
That would depend on 1) where the land is 2) what the land is capable of supporting and 3) what the farmer does with the land.
Generally all land has intrinsic value and being a land owner is better than not owning land; however, if the land is vertical, rocky, arid or unable to produce anything then the value goes down.
2006-07-13 00:46:56 · answer #2 · answered by ceprn 6 · 0⤊ 0⤋
If the farmer has borrowed money to purchase this land then it is his net worth that needs to be calculated. The value of the land less the amount of the loan this will tell you what his or her net worth is. They will of course have other assets but if the farmer has borrowed more than the land is worth to purchase seed fertilizer etc then they will be stoney broke.
2006-07-13 00:47:16 · answer #3 · answered by Anonymous · 0⤊ 0⤋
depends on the area if productive than rich otherwise very poor
2006-07-13 00:42:04 · answer #4 · answered by torraks 3 · 0⤊ 0⤋
Depends on what is done with the land
2006-07-13 00:41:41 · answer #5 · answered by D 4 · 0⤊ 0⤋
No......it depends how use full land is and what turnover he is getting from 1200 hectares.
2006-07-13 01:19:46 · answer #6 · answered by lucky s 7 · 0⤊ 0⤋
well he can have that much land on a desert or New York city. both will have different values...
2006-07-13 00:45:51 · answer #7 · answered by CheeGe Bhai 2 · 0⤊ 0⤋