As an aside, i'd be curious how this strategy would work for long term farming. Ie 40+ year tree farms, where they own thousands (millions?) of acres which sit for 40 years, harvest, and then go back to being idle.

You could say that they can set the land to being a special tax code for tree farming or w/e. Which is something that already exists. I've been looking for a 10 acre plot (being picky on location, shape, etcetc) for a couple years now and most plots are already taxed at a lower rate due to this sort of tax code.

So my question/point is, people who are selling land (presumably as part of an investment) would be muddled in with people who are holding thousands of acres for tree farming. At least, in my experience.

What's the solution in this area? Be more restrictive on who gets the relaxed tax incentive? Perhaps not care, and assume wood prices will go up dramatically since tree farming is now much more expensive? Just curious on your thoughts