Why so many land deals In Canada ATM

As the title described. My firm never does any land deals due to restrictive risk tolerance and diversification concerns. For those of you who have done both residential and ICI land deals. Why are so many investors buying land? Who are these buyers (private guys, Institutions or developers?)

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Climate change. The bands in which we can comfortably live and farm in are moving. Bill Gates has been buying up a lot of land in places where farming is expected to move to once the bands stop moving.

 

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