Should we Eliminate the Agricultural Tax Exemption

In major populated states such as Florida, there is a shortage of housing. The majority of the state land is owned and maintained by farmers who through the agricultural tax exemption horde large swaths of land and refuse to sell. Because of this, developers and builders have to overpay for land. This causes a shortage in home inventory and an overall price increase for first time home buyers.

If we eliminate the agricultural tax exemption, it would cause farmers to either sell their land or pay the true cost of the tax in their county. Overall I think this would benefit the majority of people instead of a small group of wealthy land-owning farmers.