The myth that most landowners are ‘minted’ is just that. Some indeed may be. Some may be comfortable, in the same way as any other middle class family. Some may have no money at all.
My family’s estate makes my mum less than the average UK wage, and my dad earns nothing. His income is from other investments, but they are certainly not ‘minted’ or ‘rich’. When my dad retires, capital gains tax will force him to sell off half of the estate to pay it (a sizable 6-figure sum, not payable in installments), effectively wiping out any profit the estate does make. I’m currently trying to think of how I can earn a living from what’s left and am struggling (although I do have some STW-friendly ideas 😉 ). I could sell to the local community (or a wealthy Arab) but they’d be faced with the exact same problem. Land does not, by default, make you cash wealthy.
Our family is one of many in the region who do not make much money from their estates. It’s a myth that they/we are all rolling in cash and don’t give a **** about either the community or the land. That’s not to say there aren’t bad eggs, of course, but blanket criticism of landowners is based not in fact, but prejudice. In my biased opinion, obviously…