One acre....or 10,000 acres.....there's a difference.
160 acres
27400/acre
4,384,000 a quarter. Wow. My grand-parents housesteaded for a registration fee of between 10 bucks and 2 per quarter. I started buying farmland at 250 bucks an acre, and sort of quit at 400 because all of a sudden they wanted 1500. Had to re-evaluate at that point. Some of that would bring 5,000 an acre now, but most would be a little lower. For now anyway.
Look around the world a bit; mostly people don't expect land to pay for itself. If you need a place to put your house you'll pay what it takes to get it. If you have enough to matter you probably either inherited it or have some serious money.
Land is probably the only real thing there is. You can't eat gold, you can't build on a brick of bullion, you can't hunt, or live or ride a quad or snowmachine around on a stock certificate. In the meantime, everything that grows has to grow somewhere, everything and everybody has to be somewhere.
