RE: Land prices: it finally happened
The problem is that the lines are now really blurry between subdivision-type land and hunting/agricultural land in some places. Here where i live in Ohio, you can drive 5 miles out in the country and land that should be hunting ground is not getting sold for 60K for an 2 acres. If you want more elbow room, you can drive 10-15 miles out and buy a 5 acre "mini-farm" for about 80K. Thankfully, its not that bad in the part of Illinois where i live because the closest urban sprawl is St. Louis 120 miles to the west.